SEOUL: South Korean stocks traded 0.13 percent lower late Friday morning on losses from carmakers and logistics, analysts said.
The benchmark Korea Composite Stock Price Index (KOSPI) shed 2.6 points to 2,010.69 as of 1:20 a.m.
Carmakers continued to trade lower, with Hyundai Motor moving down 1.43 percent and top auto parts maker Kia Motors losing 0.82 percent. Top auto parts maker Hyundai Mobis shed 0.48 percent.
Logistics shares also traded bearish, with Hyundai Glovis decreasing 2.75 percent and top carrier Korean Air Lines falling 1.46 percent. Hanjin Shipping lost 1.09 percent to 5,420 won.
The local currency was trading at 1,164.10 won to the U.S. dollar, up 2.10 won from Thursday’s close.
