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S.Korean stocks reverse losses to end higher, won up
December 5, 2017 / 6:55 AM / 13 days ago

S.Korean stocks reverse losses to end higher, won up

* For the midday report, please click

SEOUL, Dec 5 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index closed up on Tuesday, recovering from earlier losses in the session. The Korean won rose while bond yields were muted. ** At 06:30 GMT, the KOSPI was up 8.45 points or 0.34 percent at 2,510.12. ** The won was quoted at 1,085.8 per dollar on the onshore settlement platform, 0.27 percent firmer than its previous close at 1,088.7. ** In offshore trading, the won was quoted at 1,084.31 per U.S. dollar, up 0.09 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,080.88 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.15 percent, after U.S. stocks ended the previous session with mild losses. Japanese stocks weakened 0.37 percent. ** The KOSPI is up around 23.5 percent so far this year, and down by 0.47 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 387,710,000 shares, and of the total traded issues of 871, the number of advancing shares was 520. ** Foreigners were net buyers of 54,172 million won worth of shares. ** The U.S dollar has fallen 10.11 percent against the won this year. The won’s high for the year is 1,075.71 per dollar on November 29 2017 and low is 1,211.8 on January 3, 2017. ** In money and debt markets, December futures on three-year treasury bonds fell 0.07 points to 108.2. ** The benchmark 3-year Korean treasury bond yielded 2.091 percent, slightly higher than the previous day’s 2.08 percent. (Reporting by Cynthia Kim; Editing by Jacqueline Wong)

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