[THE INVESTOR] South Korean stocks fell slightly late morning on Oct. 26, as tech sector suffered a loss.

The benchmark KOSPI shed 26.56 points, or 1.3 percent, to 2,010.61 as of 11:20 a.m.

Top market cap Samsung Electronics fell 1.88 percent, and major chipmaker SK hynix jumped 2.68 percent.

KB Financial suffered 2.85 percent, while Shinhan Financial retreated 2.94 percent.

Cosmetics makers rebounded from their deep trough seen in the previous session. AmorePacific, the No.1 player, advanced 3.04 percent.

Naver, the country‘s top portal operator, rose 1.19 percent.

Hyundai Motor, the country’s top automaker, shed 1.45 percent while its smaller affiliate Kia Motors declined 1.08 percent.

The South Korean won was trading at 1,131.15 won against the US dollar, up 2.45 won from the previous session’s close.


(theinvestor@heraldcorp.com)