June 4, 2019 / 7:43 AM / 4 months ago

S.Korean stocks snap 3-day gaining streak on weak Q1 GDP

* KOSPI index falls, foreigners net sellers

* Korean won weakens versus U.S. dollar

* South Korea benchmark bond yield falls

* For the midday report, please click

Seoul, June 4 (Reuters) - Round-up of South Korean financial markets:

** South Korea’s KOSPI stock index fell on Tuesday, snapping its 3-day gaining streak, as revised first quarter GDP data, which shrank more than initially estimated, weighed on sentiment. The Korean won weakened, and the benchmark bond yield fell.

** The Seoul stock market’s main KOSPI fell 0.88 points or 0.04% to 2,066.97. ** Foreigners were net sellers of 199.0 billion won worth of shares on the main board.

** South Korea’s gross domestic product contracted by a seasonally adjusted 0.4% in the January-March period from the previous quarter, the Bank of Korea’s revised data showed, a notch faster than a 0.3% decline estimated earlier.

** The won was quoted at 1,182.8 per dollar on the onshore settlement platform, 0.06% lower than its previous close at 1,182.1. ** In offshore trading, the won was quoted at 1,182.5 per U.S. dollar, down 0.3% from the previous day, while in non-deliverable forward trading, its one-month contract was quoted at 1,181.2 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.43%, after U.S. stocks closed mixed . Japanese stocks fell 0.01%.

** The KOSPI has risen 1.27% so far this year, but lost 6.6% in the previous 30 trading sessions.

** The current price-to-earnings ratio is 12.10, the dividend yield is 1.28% and the market capitalisation is 1,242.04 trillion won.

** The trading volume during the session on the KOSPI index was 428.18 million shares and, of the total traded issues of 893, the number of advancing shares was 529.

** The won has lost 5.7% against the U.S dollar so far this year. ** In money and debt markets, the 3-month Certificate of Deposit rate was quoted at 1.82%.

** The most liquid 3-year Korean treasury bond yield fell by 0.3 basis points to 1.572%, while the benchmark 10-year yield fell by 0.4 basis points to 1.687%. (Reporting by Yuna Park; editing by Uttaresh.V)

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