April 12, 2019 / 2:40 AM / 2 months ago

S.Korea stocks turn higher as foreigners step up purchases

    * KOSPI index rises, foreigners net buyers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield rises

    SEOUL, April 12 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         turned higher on
Friday, rising for an eleventh straight day, as foreign
investors stepped up purchases. The Korean won weakened while
the benchmark bond yield rose.
** The Seoul stock market's main KOSPI rose 5.29 points or 0.26
percent to 2,229.73. 
** Foreigners were net buyers of 57.3 billion won worth of
shares on the main board. 
** The won was quoted at 1,141.2 per dollar on the onshore
settlement platform           , 0.16 percent lower than its
previous close at 1,139.4.
** In offshore trading, the won        was quoted at 1,139.9 per
U.S. dollar, up 0.1 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
              was quoted at 1,138.9 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.04 percent, after U.S. stocks trod
water            . Japanese stocks         rose 0.61 percent.
** The KOSPI has risen 9.24 percent so far this year, and fallen
0.5 percent in the previous 30 trading sessions.
** 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 201.35 million shares and, of the total traded
issues of 896, the number of advancing shares was 471.
** The won has lost 2.2 percent against the U.S dollar this
** In money and debt markets, June futures on three-year
treasury bonds         fell 0.03 points to 109.49.
** The most liquid 3-year Korean treasury bond yield rose 1.1
basis points to 1.742 percent, while the benchmark 10-year yield
rose 2.0 basis points to 1.886 percent.

 (Reporting by Yuna Park; Editing by Shreejay Sinha)
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