June 8, 2018 / 7:14 AM / 10 months ago

S.Korean stocks snap 5 days of gains as Brazil growth outlook dents sentiment

* KOSPI index falls, foreigners sell

* Korean won falls versus U.S. dollar

* South Korea bond yields down

SEOUL, June 8 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index snapped five straight sessions of gains on Friday as concerns about Brazil’s growth outlook and political risks dampened investor sentiment. Widening rift between the United States and its major trading partners also deteriorated investor sentiment, sending the Korean won lower. Bond yields fell. ** At 06:32 GMT, the KOSPI was down 19.00 points, or 0.77 percent, at 2,451.58. For the week, the KOSPI gained 0.5 percent. ** The won was quoted at 1,075.9 per dollar on the onshore settlement platform, 0.64 percent weaker than its previous close at 1,069. ** In offshore trading, the won was quoted at 1,075.21 per U.S. dollar, down 0.34 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,059.45 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.33 percent, after U.S. stocks ended the previous session with mild losses. Japanese stocks weakened 0.56 percent. ** The KOSPI is up around 0.1 percent so far this year, and up by 0.23 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 510,912,000 shares and, of the total traded issues of 884, the number of advancing shares was 265. ** Foreigners were net sellers of 33,182 million won worth of shares. ** The U.S dollar has risen 0.83 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 1,098.4 on Feb. 6, 2018. ** In money and debt markets, June futures on three-year treasury bonds rose 0.09 points to 107.89. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, compared with a previous close of 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.194 percent, lower than the previous day’s 2.22 percent. (Reporting by Cynthia Kim; Editing by Subhranshu Sahu)

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