An electronic board at the dealing room of Hana Bank’s headquarters in Seoul shows the KOSPI index and won-dollar exchange rate, Friday. Yonhap Korean stocks traded higher late Friday morning, tracking overnight gains on Wall Street, as investors took a breather following the previous session's sharp gains.The benchmark Korea Composite Stock Price Index (KOSPI) went up 33.27 points, or 0.43 percent, to 7,848.86 as of 11:20 a.m. On Thursday, the KOSPI spiked more than 8 percent on tech gains.Overnight, U.S. stocks advanced after Iran said the latest proposal from the U.S. partly bridged the gap between the warring sides, raising hopes that the three-month war may end soon with a peace deal.In Seoul, large-cap shares were trading mixed, while foreigners extended their sell-offs to a 12th consecutive session.Semiconductor heavyweights Samsung Electronics and SK hynix fell 1.75 percent and 0.05 percent, respectively, following the previous day's sharp gains.Automobile shares were also among the losers.Top automaker Hyundai Motor shed 1.8 percent, and its smaller affiliate Kia declined 1.61 percent.Artificial intelligence (AI) investment firm SK Square remained unchanged.In contrast, Samsung Electro-Mechanics, the electronic components affiliate of Samsung Electronics, jumped 7.23 percent, after news that it has signed a major AI chip part deal with a technology company in the United States.Power plant manufacturer Doosan Enerbility went up 3.97 percent, and major shipbuilder HD Hyundai Heavy increased 1.79 percent.The Korean won was trading at 1,510.8 won against the U.S. dollar at 11:20 a.m., down 4.7 won from the previous session.