SEOUL: South Korean stocks traded lower late Tuesday morning amid choppy trading as investors continued to seek profit, while financial shares limited the decline, state news agency (Yonhap) reported.

The benchmark Korea Composite Stock Price Index had decreased 11.17 points, or 0.42 percent, to 2,663.1 as of 11:20 am.

Financial shares, on the other hand, gained ground, with KB Financial rising 3.33 percent and Shinhan Financial climbing 1.24 percent.

The local currency was trading at 1,333.5 won against the US dollar, down 2.2 won from the previous session.

Source: Emirates News Agency