September 27, 2018 / 2:20 AM / 3 months ago

S.Korea stocks shrug off capital outflow concerns; bond yields rise

    * KOSPI index gains, foreigners buy
    * Korean won steady versus U.S. dollar
    * South Korea bond yields up

    SEOUL, Sept 27 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         rose on Thursday,
reopening after a three-day national holiday, shrugging off
concerns about capital outflows after a U.S. interest rate hike
overnight. Bond yields edged up on expectations of a central
bank policy rate hike after Bank of Korea chief's comment. The
Korean won was flat. 
 
** At 01:42 GMT, the KOSPI was up 8.20 points or 0.35 percent at
2,347.37.
    
** South Korean policymakers said risk of major foreign capital
flow is not big, expecting limited impact from the
widely-expected U.S. rate hike.             
 
** The won was quoted at 1,115.9 per dollar on the onshore
settlement platform           , 0.05 percent weaker than its
previous close at 1,115.3. 
 
** In offshore trading, the won        was quoted at 1,115.5 per
U.S. dollar, down 0.01 percent from the previous day, while in
one-year non-deliverable forwards             it was being
transacted at 1,098.55 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.09 percent, after U.S. stocks ended
the previous session with mild losses            . Japanese
stocks         rose 0.07 percent. 
 
** The KOSPI is down around 5.2 percent so far this year, and up
by 1.54 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 116,345,000 shares and, of the total traded issues
of 898, the number of advancing shares was 489.
 
** Foreigners were net buyers of 23,560 million won worth of
shares.
 
** The U.S dollar has risen 4.61 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2 and the low is 1,140.4 on July 19.
 
** In money and debt markets, December futures on three-year
treasury bonds         fell 0.03 points to 108.27.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.035 percent, higher than the previous
day's 2.03 percent, as investors view the central bank is
leaning toward rate hike in October monetary committee meeting.
            

 (Reporting by Hayoung Choi; Editing by Sunil Nair)
  
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