December 21, 2018 / 2:20 AM / a month ago

S.Korea stocks open lower tracking Wall Street; won gains

    * KOSPI edges down, foreigners sell
    * Korean won rises versus U.S. dollar
    * South Korea bond yields down

    SEOUL, Dec 21 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's benchmark KOSPI stock index         opened
lower on Friday tracking the bearish Wall Street, but snapped
some of its early losses on institutional buys. The Korean won
rose, while bond yields fell.
 
** At 02:11 GMT, the KOSPI was down 6.28 points or 0.30 percent
at 2,053.84.

** Local instutions were net buyers of 171.7 billion won
($152.53 million) worth of shares, while foreigners were net
seller of 113.8 billion won worth of shares.
 
** The U.S. government shutdown issue, one of the factors which
led to the Wall Street decline, would not have significant
impact on South Korean markets, said Seo Sang-young, an analyst
at Kiwoom Securities.
    
** The U.S. House of Representatives on Thursday added $5
billion to a government spending bill for President Donald
Trump's wall on the southern border with Mexico, which boosted
the odds of a partial federal shutdown on Saturday and weighed
on the markets.             
 
** The won was quoted at 1,125.5 per dollar on the onshore
settlement platform           , 0.2 percent firmer than  its
previous close at 1,127.8. 
 
** In offshore trading, the won        was quoted at 1,124 per
U.S. dollar, down 0.2 percent from the previous day, while in
one-year non-deliverable forwards            , it was being
transacted at 1,103.65 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.05 percent, after U.S. stocks ended
the previous session with mild losses            . Japanese
stocks         weakened 0.66 percent. 
 
** The KOSPI is down around 16.5 percent so far this year, and
down by 1.55 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 100,208,000 shares and, of the total traded issues
of 885, the number of advancing shares was 331.
 
** The U.S dollar has risen 5.4 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 1,146.26 on October 11 2018.
 
** In money and debt markets, March futures on three-year
treasury bonds         fell 0.05 points to 109.29.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.9 percent, while the benchmark 3-year Korean
treasury bond yielded 1.798 percent, lower than the previous
day's 1.80 percent.

($1 = 1,125.7000 won)

 (Reporting by Hayoung Choi; Editing by Rashmi Aich)
  
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