ID :
208205
Tue, 09/20/2011 - 08:58
Auther :
Shortlink :
https://oananews.org//node/208205
The shortlink copeid
Seoul shares down 0.17 pct in late-morning trade
SEOUL, Sept. 20 (Yonhap) -- South Korean stocks traded 0.17 percent lower late Tuesday morning as foreigners and retail investors shed their holdings following Italy's credit rating cut earlier in the day, analysts said.
After shifting to positive territory, the benchmark Korea Composite Stock Price Index (KOSPI) slipped 3.16 points to 1,817.78 as of 11:20 a.m.
Steelmakers and automakers led the market decline, but technology firms outperformed the market.
The local currency was changing hands at 1,153.05 won to the greenback as of 11:20 a.m., down 16.05 won from Monday's close.
After shifting to positive territory, the benchmark Korea Composite Stock Price Index (KOSPI) slipped 3.16 points to 1,817.78 as of 11:20 a.m.
Steelmakers and automakers led the market decline, but technology firms outperformed the market.
The local currency was changing hands at 1,153.05 won to the greenback as of 11:20 a.m., down 16.05 won from Monday's close.
