[THE INVESTOR] South Korean shares traded a little higher late morning on July 4 as investors were boosted by upbeat economic data in the United States and Europe, analysts said.
The benchmark Korea Composite Stock Price Index inched up 6.87 points, or 0.35 percent, to 1,994.19 as of 11:20 a.m.
Last week, US stocks ended 19.38 points higher, and the European stock markets, including London, also closed higher.
Market bellwether
Samsung Electronics inched down 0.20 percent, while top automaker
Hyundai Motor gained 0.36 percent.
Korea Electric Power Corp., the state-run power provider, lost 1.18 percent.
The local currency was changing hands at 1,147.70 won against the US dollar, down 2.70 won from the previous session’s close.
(
theinvestor@heraldcorp.com)
