June 7, 2018 / 7:17 AM / in 2 months

S.Korean stocks, won gain on improved global sentiment

* KOSPI index firmer, foreigners buy

* Korean won rises versus U.S. dollar

* South Korea bond yields up

SEOUL, June 7 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index climbed on Thursday, as global shares rallied amid improved prospects of economic recovery, while the won inched up and bond yields rose. ** At 06:30 GMT, the KOSPI was up 16.82 points or 0.69 percent at 2,470.58, a fifth straight day of gains. Steel shares including POSCO and Hyundai Steel were up 4.4 percent and 3.4 percent, respectively, supporting the industry’s 3.7 percent rise. ** The won was quoted at 1,069 per dollar on the onshore settlement platform, 0.16 percent firmer than its previous close at 1,070.7. ** In offshore trading, the won was quoted at 1,068.05 per U.S. dollar, down 0.19 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,050.8 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.50 percent, supported by sound economic fundamentals, while U.S. stocks ended the previous session with mild gains. Japanese stocks rose 0.87 percent. ** The KOSPI is down around 0.6 percent so far this year, and has fallen by 1.30 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 466,498,000 shares and, of the total traded issues of 884, the number of advancing shares was 512. ** Foreigners were net buyers of 166,541 million won worth of shares. ** The U.S dollar has risen 0.16 percent against the won this year. The won’s high for the year is 1,053.55 per dollar on April 2 while the low is 1,098.4 on Feb. 6. ** In money and debt markets, June futures on three-year treasury bonds fell 0.04 points to 107.82. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.22 percent, higher than the previous day’s 2.20 percent. (Reporting by Joori Roh; Editing by Biju Dwarakanath)

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