South Korean stocks traded almost flat late Tuesday morning as investors continued to sit on the sidelines to await the results of the Federal Open Market Committee meeting scheduled this week, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) edged down 0.23 points, or 0.01 percent, to 1,882.87 as of 11:20 a.m.
Logistics firms lost ground, with Hyundai Glovis decreasing 1.08 percent and Hyundai Merchant Marine falling 2.37 percent. Top air carrier Korean Air plunged 1.4 percent.
Carmakers traded higher, with Hyundai Motor rising 2.03 percent and its smaller affiliate Kia Motors climbing 1.58 percent. Top auto parts maker Hyundai Mobis gained 2.47 percent.
The local currency was changing hands at 1,129.90 won against the greenback as of 11:20 a.m., down 3.70 won from Monday's close. (Yonhap News)
