April 25, 2018 / 6:55 AM / 5 months ago

S.Korean stocks, won fall as U.S. bond yields weigh

* KOSPI index falters, foreigners sell

* Korean won down versus U.S. dollar

* South Korea bond yields up

SEOUL, April 25 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index declined for a fourth straight session on Wednesday as U.S. bond yields rose above 3 percent and as foreign investors largely sold off their holdings in equities. The Korean won fell while bond yields rose. ** At 06:32 GMT, the KOSPI was down 15.35 points or 0.62 percent, at 2,448.79. ** The won was quoted at 1,080.6 per dollar on the onshore settlement platform, 0.35 percent weaker than its previous close at 1,076.8. The currency hovered at its four-week closing low. ** In offshore trading, the won was quoted at 1,080.1 per U.S. dollar, down 0.36 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,065.15 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.78 percent, after U.S. stocks ended the previous session with losses. Japanese stocks weakened 0.28 percent. ** The KOSPI is down around 0.1 percent so far this year, and up by 1.22 percent in the past 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 ($1.15 trillion). ** The trading volume during the session on the KOSPI index was 455,220,000 shares and, of the total traded issues of 881, the number of advancing shares was 282. ** Foreigners were net sellers of 762,616 million won worth of shares. It was the biggest net selling amount since June 2013. ** The U.S dollar has risen 1.29 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 fell 0.07 points to 107.6. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.247 percent, higher than the previous day’s 2.23 percent. ($1 = 1,080.1500 won) (Reporting by Dahee Kim; Editing by Gopakumar Warrier)

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