December 28, 2018 / 1:34 AM / 4 months ago

S.Korea stocks set to end higher on final trading day of year

    * KOSPI index gains, foreigners buy
    * Korean won steady versus dollar
    * South Korea bond yields up

    SEOUL, Dec 28 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korea's KOSPI stock index         was set to end higher
on Friday, the last trading day of the year, after Wall Street
rebounded for a second day. The Korean won was flat versus the
dollar while bond yields fell.
 
** At 01:22 GMT, the KOSPI was up 14.18 points, or 0.70 percent,
at 2,042.62.
    
** The KOSPI is down 17.8 percent so far this year, and by 1.92
percent in the past 30 days. For the week, the benchmark is
expected to fall nearly 1 percent.
        
** U.S. markets jumped for second consecutive session overnight,
with major indexes posting their biggest percentage gains in
nearly a decade.             

** Local financial markets will be closed on Monday and Tuesday
and scheduled to resume on Wednesday, one hour later than usual,
at 0100 GMT.
 
** The won was quoted at 1,120.3 per dollar on the onshore
settlement platform           , 0.03 percent weaker than its
previous close at 1,120.
 
** In offshore trading, the won        was quoted at 1,119.91
per dollar, down 0.07 percent from the previous day, while in
one-year non-deliverable forwards             it was being
transacted at 1,101.75 per dollar.
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.20 percent, after U.S. stocks ended the
previous session with mild gains            . Japanese stocks
        weakened 0.24 percent.
 
** 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 about 75 million shares and, of the total traded
issues of 879, the number of advancing shares was 595.
 
** Foreigners were net buyers of 26.1 billion won worth of
shares.
 
** The dollar has risen 5.02 percent against the won this year.
The won's high for the year is 1,053.55 per dollar, breached on
April 2, while its low is 1,146.26, hit on Oct. 11.
 
** In money and debt markets, March futures on three-year
treasury bonds         fell 0.02 points to 109.22.

** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.92 percent, while the benchmark 3-year Korean
treasury bond yielded 1.812 percent, higher than the previous
day's 1.81 percent.

 (Reporting by Hayoung Choi; Editing by Sai Sachin Ravikumar)
  
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