April 26, 2019 / 2:16 AM / 24 days ago

S.Korea stocks extend losses, U.S. growth data awaited

    * KOSPI index drops, foreigners net buyers
    * Korean won strengthens versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, April 26 (Reuters) - Round-up of South Korean
financial markets:
    
** South Korean shares extended losses to a near four-week low
on Friday due to lingering concerns over the state of Asia's
fourth-largest economy, while investors await U.S. growth data
for further cues. The won recovered slightly, while the
benchmark bond yield fell.
     
** As of 0212 GMT, the Seoul stock market's main KOSPI index
        fell 13.79 points, or 0.63 percent, to 2,176.71. It was
headed for a third straight session of falls and a second
consecutive weekly drop.
    
** Investors are watching first-quarter U.S. gross domestic
product data due later in the day (1230 GMT), which may lead to
a recovery in the local market should the data prove strong,
said Noh Dong-kil, an analyst from Shinhan Investment. 
    
** South Korea's economy unexpectedly shrank in the first
quarter, marking its worst performance since the global
financial crisis, the central bank said on Thursday.
            
     
** Foreigners were net buyers of 9.0 billion won worth of shares
on the main board. 
            
** The won was quoted at 1,157.1 per dollar on the onshore
settlement platform           , 0.29 percent higher than its
previous close at 1,160.5.
     
** In offshore trading, the won        was quoted at 1,157.5 per
U.S. dollar, up 0.1 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
              was quoted at 1,155.3 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.07 percent, after U.S. stocks were
mixed            . Japanese stocks         fell 0.62 percent.
    
** The KOSPI has risen 6.69 percent so far this year, and rose
1.6 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 255.46 million shares and, of the total traded
issues of 890, the number of advancing shares was 211.
    
** The won has lost 3.6 percent against the U.S dollar this
year.
    
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.01 points to 109.51, while the
3-month Certificate of Deposit rate was quoted at 1.85 percent.
    
** The most liquid 3-year Korean treasury bond yield fell by 0.2
basis points to 1.722 percent, firmly below the current policy
rate at 1.75 percent, while the benchmark 10-year yield fell by
1.2 basis points to 1.867 percent.

 (Reporting by Hayoung Choi; Editing by Subhranshu Sahu)
  
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