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Seoul shares down 0.13 pct in late-morning trade


South Korean stocks traded 0.13 percent lower late Wednesday morning on losses in techs and autos, analysts said.
   
The benchmark Korea Composite Stock Price Index (KOSPI) shed 2.43 points to 1,918.25 as of 11:20 a.m.
   
Tech shares traded lower, with LG Electronics falling 1.04 percent and flat panel maker LG Display decreasing 1.9 percent. Top chipmaker SK hynix declined 0.46 percent. Top market cap Samsung Electronics, however, inched up 0.36 percent.
   
Carmakers also traded lower, with No. 1 Hyundai Motor falling 0.97 percent and its smaller affiliate Kia Motors losing 0.69 percent. Top auto parts maker Hyundai Mobis moved down 1.13 percent.
   
The local currency was changing hands at 1,129.20 won against the greenback as of 11:20 a.m., up 4.80 won from Tuesday's close. (Yonhap News)

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