General

Seoul shares up late Mon. morning on tech, finance shares


South Korean stocks continued to trade higher late Monday morning as foreigners extended their buying streak to seven consecutive sessions, with tech and finance shares leading overall gains.

The benchmark Korea Composite Stock Price Index had added 31.65 points, or 1.2 percent, to 2,674.01 as of 11:20 a.m.

As of Monday morning, foreigners remained as net buyers of local shares for seven consecutive sessions.

Top tech giant Samsung Electronics rose 1.09 percent, and No. 2 chipmaker SK hynix jumped 4.67 percent.

Finance shares traded bullish as well, with KB Financial advancing 5.98 percent, and Samsung Life Insurance gaining 5.68 percent.

LG Chem added 4.08 percent as well, with leading oil refiner SK Innovation increasing 0.94 percent.

The local currency was trading at 1,330.6 won against the U.S. dollar, up 0.9 won from the previous session.

Source: Yonhap News Agency