October 30, 2018 / 8:31 AM / 7 months ago

S.Korean stocks gain; foreigners sell for 9th session

* KOSPI index gains after 5 sessions of losses

* Korean won rises versus U.S. dollar

* South Korea bond yields up

* For the midday report, please click

SEOUL, Oct 30 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index rose on Tuesday, snapping a five-session losing streak, but gains were capped owing to global uncertainties. The Korean won inched up while bond yields also rose.

** The country’s top economic and financial authorities vowed to take measures to stabilise the markets. South Korea’s Financial Services Commission said in a statement that it will closely monitor market movement and global money flows.

** Foreigners were net sellers of KOSPI shares for the ninth day in a row, the longest since January, 2016. Foreigners have net sold stocks worth 2.11 trillion won ($1.85 billion) over the last nine sessions.

** However, local institutions including the National Pension Service were net buyers to the tune of 526,118 million won ($462.11 million) worth of shares.

** The KOSPI ended 18.64 points or 0.93 percent higher at 2,014.69.

** South Korea’s leading chipmakers, Samsung Electronics and SK Hynix, ended 2.3 percent and 2.1 percent, respectively, after Washington restricted exports to Chinese chipmaker Fujian Jinhua Integrated Circuit.

** South Korea’s cosmetics firm Amorepacific Corp closed 2.2 percent lower, extending the fall after losing 14.7 percent in the previous session. The company posted a 24.3 percent plunge in the third-quarter operating profit on Monday and shares hit their lowest intraday trading level since June 2014.

** The won was quoted at 1,139.2 per dollar on the onshore settlement platform, 0.19 percent firmer than its previous close at 1,141.4.

** In offshore trading, the won was quoted at 1,139.24 per U.S. dollar, up 0.31 percent from the previous day, while in one-year non-deliverable forwards it was being asked at 1,120.55 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.31 percent even though U.S. stocks ended the previous session with losses. Japanese stocks rose 1.45 percent.

** The KOSPI is down around 19.1 percent so far this year, and down by 12.79 percent in the previous 30 days.

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

** The trading volume during the session on the KOSPI index was 434,359,000 shares, and of the total traded issues of 900, the number of advancing shares was 569.

** Foreigners were net sellers of 186,537 million won worth of shares.

** The U.S dollar has risen 6.83 percent against the won this year. The won’s high for the year is 1,053.55 per dollar on April 2 2018 and low is 1,146.26 on October 11 2018.

** In money and debt markets, December futures on three-year treasury bonds fell 0.15 points to 108.81.

** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.7 percent while the benchmark 3-year Korean treasury bond yielded 1.929 percent, higher than the previous day’s 1.90 percent. ($1 = 1,138.5200 won) (Reporting by Joori Roh and Yuna Park; Editing by Vyas Mohan)

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