Seoul shares up 0.86 pct in late-morning trade

South Korean stocks traded 0.86 percent higher late Tuesday morning, as blue-chip domestic shares led the gains in resistance to the weakening yen, analysts said.
   
The benchmark Korea Composite Stock Price Index (KOSPI) soared 16.76 points to 1,965.46 as of 11:20 a.m.
   
State-run electricity provider Korea Electric Power jumped 1.5 percent and smallest mobile carrier LG Uplus hiked 2.5 percent.  
 
But financial issues fell, with No. 3 banking firm Hana Financial Group slipping 0.5 percent and Samsung Card losing 0.4 percent.
   
The local currency was changing hands at 1,109.55 won against the greenback as of 11:20 a.m., up 2.45 won from Monday's close. (Yonhap News)