Seoul shares edge up Wednesday morning

SEOUL: South Korean stocks edged up late Wednesday morning, tracking overnight Wall Street gains driven by megacap tech stocks. According to Yonhap News Agency, the benchmark Korea Composite Stock Price Index rose 7.13 points, or 0.27 percent, to 2,688.94 as of 11:20 am. The Dow Jones Industrial Average rose 0.61 percent, and the S and P 500 gained 1.12 percent. The Nasdaq Composite added 1.54 percent. The local currency was trading at 1,312.40 won against the US dollar, down 1.40 won from the previous session's close. Source: Emirates News Agency