ID :
91070
Mon, 11/23/2009 - 11:59
Auther :

Seoul stocks down 0.15 pct late morning


SEOUL, Nov. 23 (Yonhap) -- South Korean shares traded 0.15 percent lower late
Monday morning on widening institutional sell-offs of tech and auto shares,
analysts said.

Reversing earlier gains, the benchmark Korean Composite Stock Price Index (KOSPI)
shed 2.40 points to 1,618.20 as of 11:20 a.m.
Tech and auto stocks lost ground as institutional investors took profits, selling
68.8 billion won (US$59.4 million).
The local currency was trading at 1,156.35 won to the U.S. dollar as of 11:20
a.m., up 2.65 won from Friday's close.
ygkim@yna.co.kr
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