July 20, 2018 / 1:48 AM / 2 months ago

S.Korea stocks gain after dollar drops on Trump's comments; won falls

    * KOSPI index rises, foreigners sell
    * Korean won slips against U.S. dollar
    * South Korea bond yields down

    SEOUL, July 20 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         climbed on Friday as
the dollar sagged after U.S. President Donald Trump expressed
concern about the greenback's strength and the Federal Reserve's
interest rate hikes. The currency won and bond yields fell.
 
** At 0121 GMT, the KOSPI was up 3.66 points or 0.16 percent at
2,285.95, poised to snap a four-day losing streak.
 
** The won was quoted at 1,133.9 per dollar on the onshore
settlement platform           , 0.06 percent weaker than its
previous close at 1,133.2, extending three consecutive sessions
of losses.
 
** In offshore trading, the won        was quoted at 1,136.3 per
U.S. dollar, down 0.17 percent from the previous day, while in
one-year non-deliverable forwards             it was being asked
at 1,118.75 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.26 percent, after U.S. stocks ended the
previous session with losses            . Japanese stocks
        rose 0.29 percent. 
 
** The KOSPI declined 7.5 percent so far this year, and lost
6.99 percent in the previous 30 days.
 
** 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 100,500,000 shares and, of the total traded issues
of 881, the number of advancing shares was 486.
 
** Foreigners were net sellers of 47,781 million won worth of
shares.
 
** The U.S dollar has risen 6.15 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2, 2018, and low is 1,140.4 on July 19, 2018.
 
** In money and debt markets, September futures on three-year
treasury bonds         rose 0.03 points to 108.18.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.09 percent, higher than the previous
day's 2.09 percent.

 (Reporting by Joori Roh, Editing by Sherry Jacob-Phillips)
  
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