April 30, 2019 / 2:54 AM / 3 months ago

S.Korea stocks fall on China data, Samsung Q1 profit drop

    * KOSPI index falls, foreigners net sellers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield falls
    * 

    Seoul, April 30 (Reuters) - Round-up of South Korean
financial markets:
    
** South Korea's KOSPI stock index         fell on Tuesday on
disappointing China April factory growth and a drop in Samsung
Electronics' first-quarter profit. The Korean won weakened, and
the benchmark bond yield fell.
 
** KOSPI fell 27.93 points or 1.26 percent to 2,188.50 points.
 
** Foreigners were net sellers of 9.6 billion won worth of
shares on the main board. 
 
** Factory activity in China expanded for a second straight
month in April but at a much slower pace, suggesting the economy
is still struggling to gain traction despite a flurry of support
measures.                  
 
** Meanwhile, Samsung Electronics flagged better second-half
results after posting a 60 percent drop in first-quarter profit,
pointing to higher expected sales of memory chips and
smartphones.            
             
** The won quoted at 1,163.0 per dollar on the onshore
settlement platform           , 0.39 percent lower than its
previous close at 1,158.5.
 
** In offshore trading, the won        quoted at 1,163.0 per
U.S. dollar, down 0.4 percent from the previous day, while in
one-year non-deliverable forward trading, its one-month contract
              quoted at 1,160.9 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.61 percent, even as U.S. stocks
rose           . 
    
** The KOSPI has risen 7.22 percent so far this year, and rose
1.7 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.
    
** Trading volume during the session on the KOSPI index        
was 182.86 million shares and, of the total traded issues of
883, the number of advancing shares was 194.
    
** The won has lost 4.1 percent against the U.S dollar this
year.
    
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.07 points to 109.62.
    
** The most liquid 3-year Korean treasury bond yield fell by 1.2
basis points to 1.700 percent, while the benchmark 10-year yield
fell by 1.4 basis points to 1.849 percent.

 (Reporting by Yuna Park; editing by Uttaresh.V)
  
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