February 13, 2020 / 2:36 AM / 2 months ago

S.Korean stocks gain after Wall Street closes at record peaks

    * KOSPI climbs, foreigners net buyers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield steady

    SEOUL, Feb 13 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korean shares rose on Thursday, tracking a rally on
Wall Street, with chipmakers leading the gains. The Korean won
and the benchmark bond yield were little changed.
    
** As of 0227 GMT, the Seoul stock market's main KOSPI        
was up 12.07 points, or 0.54%, at 2,250.45, on track for the
third straight session of gains. 
    
** Analysts said the local market did not react much to a sharp
jump in the death toll and infections from the coronavirus
outbreak in China. 
    
** The death toll from the virus in the central Hubei province
leapt by a record 242 on Thursday, while 14,840 new cases were
reported as officials said they had adopted a new methodology
for counting infections.                         
    
** Despite reports of widespread business disruptions in China,
Wall Street closed at record highs on Wednesday on hopes that
the epidemic could be running out of steam.             
    
** Overnight gains in U.S. stocks lifted Seoul stocks, with
foreign investors buying local shares, particularly those of
chipmakers, said Noh Dong-kil, an analyst at NH Investment &
Securities. 
    
** Shares of Samsung Electronics             and SK Hynix
            jumped 1.8% and 3.5%, respectively. 
            
** Foreigners were net buyers of 209.0 billion won ($177.07
million) worth of shares on the main board. 
    
** Barunson Entertainment & Arts Corp            , the producer
of Oscar-winning movie "Parasite", soared 30% on Thursday. The
stock has more than doubled this week.             
    
** The won was quoted at 1,181.4 per dollar on the onshore
settlement platform           , 0.16% lower than its previous
close at 1,179.5.
    
** In offshore trading, the won        was quoted at 1,179.1 per
U.S. dollar, down 0.1% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,178.2 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.28%            . Japanese stocks
        rose 0.19%.
    
** The KOSPI has risen 2.46% so far this year, and gained 1.8%
in the previous 30 trading sessions.
    
** The trading volume during the session in the KOSPI index
        was 253.72 million shares and, of the total traded
issues of 902, the number of advancing shares was 342.
    
** The won has lost 2.1% against the dollar so far this year.
    
** In money and debt markets, March futures on three-year
treasury bonds         rose 0.02 points to 110.77, while the
3-month Certificate of Deposit rate was quoted at 1.42%.
    
** The most liquid 3-year Korean treasury bond yield fell by 0.8
basis points to 1.291%, while the benchmark 10-year yield was
flat at 1.612%.
    
($1 = 1,180.3400 won)    

 (Reporting by Hayoung Choi; Editing by Aditya Soni)
  
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