April 17, 2018 / 1:29 AM / 5 days ago

S.Korea stocks tread water, won strengthens on dollar weakness

    * KOSPI index holds steady, foreigners sell 
    * Korean won gains against U.S. dollar
    * South Korean bond yields rise

    SEOUL, April 17 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         held largely steady
on Tuesday. The Korean won gained against the dollar on the
local platform, while bond yields also rose.
 
** At 01:09 GMT, the KOSPI was down 0.68 points or 0.03 percent
at 2,456.81.
 
** The won was quoted at 1,069.7 per dollar on the onshore
settlement platform           , 0.4 percent firmer than its
previous close at 1,074. The currency was supported by broader
dollar weakness but analysts said counter remittance of
dividends by foreign investors could weigh down the won later in
the session.
 
** In offshore trading, the won        was quoted at 1,068.95
per U.S. dollar, up 0.07 percent from the previous day, while in
one-year non-deliverable forwards             it fetched
1,053.75 per dollar.
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.08 percent, after U.S. stocks ended the
previous session with mild gains            . Japanese stocks
        weakened 0.08 percent. 
 
** The KOSPI is down around 0.4 percent so far this year, and
down by 3.47 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 132,159,000 shares, and of the total traded issues
of 874, the number of advancing shares was 393.
 
** Foreigners were net sellers of 84,505 million won worth of
shares.
 
** The U.S. dollar has risen 0.24 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 1,098.4 on February 6 2018.
 
** In money and debt markets, June futures on three-year
treasury bonds         fell 0.02 points to 107.84.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.185 percent, higher than the previous
day's 2.17 percent.

 (Reporting by Dahee Kim; Editing by Amrutha Gayathri)
  
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