July 12, 2018 / 1:51 AM / in 3 months

S.Korea stocks gain; won tumbles on trade war fears

    * KOSPI index rises
    * Korean won hits lowest since Oct 2017
    * South Korea bond yields up

    SEOUL, July 12 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         edged up while the
won plummeted on Thursday as Sino-U.S. trade war escalated after
the U.S. threatened to impose fresh tariffs on $200 billion of
Chinese goods. Bond yields rose.

** South Korea's central bank left monetary policy steady on
Thursday for a fifth straight monetary meeting, reflecting the
fragile state of the job market and concerns over the U.S.-China
trade war impacts.             
 
** At 01:43 GMT, the KOSPI was up 8.99 points or 0.39 percent at
2,289.61.
 
** The won was quoted at 1,130 per dollar on the onshore
settlement platform           , 0.88 percent weaker than its
previous close at 1,120. The currency hit the lowest level since
Oct 2017.
 
** In offshore trading, the won        was quoted at 1,129.3 per
U.S. dollar, down 0.18 percent from the previous day, while in
one-year non-deliverable forwards             it was being asked
at 1,112.3 per dollar.. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.05 percent, after U.S. stocks ended the
previous session with mild losses            . Japanese stocks
        rose 1.09 percent. 
 
** The KOSPI is down around 7.6 percent so far this year and 8
percent in the last 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 130,940,000 shares and, of the total traded issues
of 881, the number of advancing shares was 429.
 
** Foreigners were net sellers of 72,251 million won worth of
shares.
 
** The U.S dollar has risen 5.95 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 1,129.9 on July 12 018.
 
** In money and debt markets, September futures on three-year
treasury bonds         fell 0.06 points to 108.25.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent while the benchmark 3-year Korean
treasury bond yielded 2.07 percent, higher than the previous
day's 2.06 percent.

 (Reporting by Joori Roh; Editing by Vyas Mohan)
  
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