Seoul shares down 0.32 pct in late-morning trade

South Korean stocks traded 0.32 percent lower late Friday morning, led by losses in autos and logistics firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) shed 6.22 points to 1,943.58 as of 11:20 a.m.

Carmakers traded lower, with No. 1 player Hyundai Motor falling 1.5 percent and its smaller affiliate Kia Motors losing 0.56 percent. Top auto parts maker Hyundai Mobis shed 5.95 percent.

Logistics firms also lost ground, with Hyundai Glovis falling 1.16 percent and CJ Korea Express decreasing 2.91 percent. Hanjin Shipping shed 2.42 percent.

The local currency was changing hands at 1,131.80 won against the greenback, down 2.70 won from Thursday's close. (Yonhap News)