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S.Korean stocks, won steady; both end the week down
December 8, 2017 / 6:56 AM / 6 days ago

S.Korean stocks, won steady; both end the week down

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SEOUL, Dec 8 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index and the won held steady on Friday while bond yields fell. ** At 06:32 GMT, the KOSPI was up 2.02 points or 0.08 percent at 2,464.00. The benchmark index fell 0.5 percent for the week. ** The won was quoted at 1,093.3 per dollar on the onshore settlement platform, 0.02 percent firmer than its previous close at 1,093.5. The currency lost 0.6 percent this week, its biggest weekly percentage drop since late September. ** In offshore trading, the won was quoted at 1,091.98 per U.S. dollar, up 0.06 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,087.85 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.83 percent, after U.S. stocks ended the previous session with mild gains. Japanese stocks rose 1.39 percent. ** The KOSPI is up around 21.5 percent so far this year, and down by 0.75 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 401,810,000 shares, and of the total traded issues of 877, the number of advancing shares was 194. ** Foreigners were net sellers of 60,546 million won worth of shares. ** The U.S dollar has fallen 9.45 percent against the won this year. The won’s high for the year is 1,075.71 per dollar on Nov. 29 and low is 1,211.8 on Jan. 3. ** In money and debt markets, December futures on three-year treasury bonds were unchanged at 108.23. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.66 percent compared with a previous close of 1.66 percent, while the benchmark 3-year Korean treasury bond yielded 2.096 percent, lower than the previous day’s 2.10 percent. (Reporting by Dahee Kim; Editing by Richard Borsuk)

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