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Seoul shares up 0.31 pct in late-morning trade

South Korean stocks traded 0.31 percent higher late Tuesday morning, as large-cap firms narrowed gains from earlier sessions amid a foreign net selloff, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) inched up 5.61 points to 1,822.46 as of 11:20 a.m.

Samsung Electronics narrowed its gains to advance 0.6 percent, with auto parts maker Hyundai Mobis staying almost flat.

No. 1 mobile carrier SK Telecom lost 0.7 percent, with state-run electricity provider Korea Electric Power Corp. falling nearly 2 percent.

The local currency was changing hands at 1,145.95 won against the greenback, up 6.55 won from Monday's close. (Yonhap News)

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