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Seoul shares edge up in late morning trading

[THE INVESTOR] South Korean shares traded slightly higher late morning on Aug.9, with improved sentiment.

The benchmark KOSPI rose 4.85 points, or 0.24 percent, to 2,035.97 as of 11:20 a.m.

Large caps traded mixed with market kingpin Samsung Electronics shedding 0.57 percent, and global chipmaker SK hynix up 0.29 percent.

Top carmaker Hyundai Motor gained 1.88 percent and its affiliate Kia Motors rose 1.34 percent. 




AmorePacific, the largest cosmetics maker, fell 0.66 percent.

Naver, the operator of the country’s top internet portal, rose 1.07 percent.

The local currency was trading at 1,108.70 won against the US dollar, down 0.2 won from the previous session’s close.

(theinvestor@heraldcorp.com)
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