May 10, 2018 / 6:55 AM / 9 months ago

S.Korean stocks snap losing streak, won at near 2-week closing high

* KOSPI index buoyed, foreigners sell

* Korean won strengthens against U.S. dollar

* South Korea bond yields down

SEOUL, May 10 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s won edged up to end at a nearly two-week high on Thursday as the greenback weakened in the global markets. Strong gains in the won improved sentiment, helping KOSPI stock index snap a five-day losing streak. ** At 0635 GMT, the KOSPI was up 20.18 points or 0.83 percent at 2,464.16. ** The won was quoted at 1,073.1 per dollar on the onshore settlement platform, 0.73 percent firmer than its previous close at 1,080.9. ** In offshore trading, the won was quoted at 1,071.39 per U.S. dollar, up 0.65 percent from the previous day, while in one-year non-deliverable forwards it was being asked at 1,055.75 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.60 percent, after U.S. stocks ended the previous session with mild gains. Japanese stocks rose 0.39 percent. ** The KOSPI is down around 1.0 percent so far this year, and slipped 0.28 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 483,938,000 shares, and of the total traded issues of 885, the number of advancing shares was 528. ** Foreigners were net sellers of 41,230 million won worth of shares. ** The U.S dollar has risen 0.47 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 this year. ** In money and debt markets, June futures on three-year treasury bonds rose 0.08 points to 107.55. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.28 percent, lower than the previous day’s 2.31 percent. (Reporting by Dahee Kim, Editing by Sherry Jacob-Phillips)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below