Seoul shares trade 0.46 pct lower in late morning

SEOUL, Jan. 18 (Yonhap) -- South Korean stocks traded 0.71 percent lower late
Monday morning as falls in tech and financial issues weighed on the market,
analysts said.

The benchmark Korea Composite Stock Price Index advanced 7.82 points to 1,693.98
as of 11:20 a.m.
Institutional investors were sellers of local shares, as tech and financial
issues fell. South Korea's electronics giant Samsung Electronics dropped more
than 1 percent, and top financial services company KB Financial Group more than 2
percent.
The local currency was trading at 1,127.65 won to the U.S. dollar as of 11:20
a.m., down 4.64 won from Friday's close.
ygkim@yna.co.kr
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