Seoul shares down 0.25 pct late morning

By Lee Youkyung
SEOUL, Nov. 20 (Yonhap) -- South Korean stocks traded 0.25 percent lower late
Friday morning as foreign investors sold shares on a gloomy outlook for global
equity markets, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 4.01 points to
1,616.53 as of 11:20 a.m.
Most large caps led the fall as foreign and retail investors unloaded holdings on
dim outlooks for chip and other industries in 2010.
The local currency was trading at 1,166.65 won to the greenback as of 11:20 a.m.,
down 9.45 won from Thursday's close.
ylee@yna.co.kr
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