Seoul shares closed higher on Tuesday as investors sought out discounted stocks, with logistics and automobile shares leading the overall gains. The benchmark Korea Composite Stock Price Index increased by 0.35 percent to 2,774.39, with trade volume at 703.6 million shares worth 11.4 trillion won. Foreigners sold a net 143.5 billion won, while individuals offloaded a net 304 billion won, and institutions acquired a net 166 billion won. Despite losses in the US market, Seoul shares closed higher as investors looked for bargains, although analysts cautioned that a further correction on Wall Street could impact the local market. In Seoul, logistics firms saw gains due to rising shipping costs, with HMM advancing 1.05 percent to 19,180 won and Hyundai Glovis adding 3.65 percent to 227,000 won. Carmakers were also among the winners, with Hyundai Motor advancing 2.67 percent to 288,500 won and Kia gaining 0.55 percent to 129,000 won. Auto parts maker Hyundai Mobis climbed 5.25 percent to 250,500 won. Top tech giant Samsung Electronics added 0.25 percent to 80,800 won, and No. 2 chipmaker SK hynix moved up 0.9 percent to 225,000 won. However, chemical shares closed bearish, with LG Chem falling 1.4 percent to 351,000 won and SK Innovation losing 1.29 percent to 107,000 won. The local currency ended at 1,387.5 won against the US dollar, up 1.5 won from the previous session's close.