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Seoul shares up 0.18 pct in late-morning trade

South Korean stocks traded 0.18 percent higher late Tuesday morning, paring earlier losses with gains led by builders and state-run firms, analysts said.

The benchmark Korea Composite Stock Price Index (KOSPI) added 3.48 points to 1,891.34 as of 11:20 a.m.

Hyundai Engineering & Construction, one of the nation's top builders, jumped more than 2 percent, with state-run electricity provider Korea Electric Power Corp rising 1.8 percent.

Top-cap Samsung Electronics also gained 0.3 percent.

The local currency was changing hands at 1,116.05 won against the greenback as of 11:20 a.m., down 3.35 won from Monday's close. (Yonhap news)

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