July 27, 2018 / 7:08 AM / 4 months ago

S.Korean stocks, won gain on easing U.S.-EU trade tensions

* KOSPI index edges up, foreigners buy

* Korean won gains against U.S. dollar

* South Korea bond yields up

* For the midday report, please click

SEOUL, July 27 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index and the won rose on Friday amid signs of rapprochement between the United States and Europe over trade issues, and ahead of the U.S. economic growth data due later in the day. Bond yields also rose. ** At 06:30 GMT, the KOSPI was up 5.93 points, or 0.26 percent, at 2,294.99. For the week, the benchmark index rose 0.3 percent, its second weekly gain in three. ** The won was quoted at 1,118.1 per dollar on the onshore settlement platform, 0.11 percent firmer than its previous close at 1,119.3. The currency jumped 1.4 percent on a weekly basis, the biggest weekly gain since March 30. ** In offshore trading, the won was quoted at 1,116.99 per U.S. dollar, up 0.57 percent from the previous day, while in one-year non-deliverable forwards it was being asked at 1,101.57 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.28 percent, after U.S. stocks ended the previous session with losses on a record sell-off in Facebook shares. Japanese stocks rose 0.56 percent. ** The KOSPI is down around 7.2 percent so far this year, and down by 5.55 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 259,165,000 shares and, of the total traded issues of 893, the number of advancing shares was 536. ** Foreigners were net buyers of 162,660 million won worth of shares. ** The U.S dollar has risen 4.75 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 1,140.4 on July 19, 2018. ** In money and debt markets, September futures on three-year treasury bonds fell 0.18 points to 108.04. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.114 percent, higher than the previous day’s 2.07 percent. (Reporting by Joori Roh; Editing by Subhranshu Sahu)

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