February 13, 2019 / 1:48 AM / 4 days ago

S.Korea stocks extend gains on trade optimism

    * KOSPI index trades up, foreigners sell
    * Korean won gains versus U.S. dollar
    * South Korea bond yields up

    SEOUL, Feb 13 (Reuters) - Round-up of South Korean financial
markets:
South Korea's KOSPI stock index         extended gains to a
third consecutive session on Wednesday as U.S. President Donald
Trump's remarks renewed hopes of a trade deal with China and
eased anxieties about another U.S. government shutdown. 
 
** As of 0129 GMT, the KOSPI was up 9.72 points or 0.44 percent
at 2,200.19.
    
** Trump said on Tuesday he could see letting the March 1
deadline for reaching a trade agreement with China slide a
little, but that he would prefer not to and expects to meet with
Chinese President Xi Jinping to close the deal at some point.
            
    
** Trump added he did not expect another shutdown; said he was
unhappy with a deal struck by congressional negotiators on
border security that denied him funds for his promised
U.S.-Mexican border wall, but did not reject it outright as
fellow Republicans urged his support.             
 
** The won was quoted at 1,122.8 per dollar on the onshore
settlement platform           , 0.1 percent firmer than its
previous close at 1,123.9. 
 
** In offshore trading, the won        was quoted at 1,122.46
per U.S. dollar, down 0.19 percent from the previous day, while
in one-year non-deliverable forwards               it was being
transacted at 1,106.85 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.25 percent, after U.S. stocks ended the
previous session with gains            . Japanese stocks        
rose 1.31 percent. 
 
** The KOSPI is up about 7.3 percent so far this year, and
climbed 6.59 percent in the previous 30 trading sessions.
 
** 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 169.67 million shares and, of the total traded
issues of 891, the number of advancing shares was 518.
 
** Foreigners were net sellers of 9.60 billion won worth of
shares on the main board.
 
** The U.S dollar rose 0.82 percent against the won this year.
The won's high for the year is 1,108.67 per dollar on Jan. 31,
2019 and low is 1,133.4 on Jan. 21, 2019.
 
** In money and debt markets, March futures on three-year
treasury bonds         fell 0.03 points to 109.28.
 
** The Korean 3-month Certificate of Deposit rate was quoted at
1.86 percent, while the most liquid 3-year Korean treasury bond
yielded 1.802 percent, higher than 1.797 percent last quoted on
the previous session.

 (Reporting by Hayoung Choi, Editing by Sherry Jacob-Phillips)
  
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