May 18, 2018 / 1:16 AM / 4 months ago

S.Korea stocks, won edge up amid caution on U.S.-China trade talks

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

    SEOUL, May 18 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's KOSPI stock index         and the Korean won
both nudged up on Friday, while investors remained cautious as
they watch how the U.S.-Sino trade negotiations unfold.
    
** Market players also eyed developments of talks between the
United States and North Korea. U.S. President Donald Trump
sought on Thursday to placate North Korea's leader Kim Jong Un
after Pyongyang threatened to scrap an unprecedented summit,
saying Kim's security would be guaranteed in any deal.
            
 
** At 0056 GMT, the KOSPI was up 10.94 points or 0.45 percent at
2,459.39.
    
** Shares of South Korean drugmaker Samsung BioLogics
            jumped 8 percent after the company said joint
venture partner Biogen          would exercise its call option
by late June.              
 
** The won was quoted at 1,079.6 per dollar on the onshore
settlement platform           , 0.15 percent firmer than its
previous close at 1,081.2. 
 
** In offshore trading, the won        was quoted at 1,079.3 per
U.S. dollar, up 0.23 percent from the previous day, while in
one-year non-deliverable forwards             it was being
transacted at 1,062.2 per dollar.
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.07 percent, after U.S. stocks ended the
previous session with losses            . Japanese stocks
        rose 0.33 percent. 
 
** The KOSPI slipped around 0.8 percent so far this year, and
down by 0.25 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 141,324,000 shares, and of the total traded issues
of 878, the number of advancing shares was 466.
 
** Foreigners were net sellers of 7,505 million won worth of
shares.
 
** The U.S dollar has risen 1.21 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 Feb. 6, this year.
 
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.07 points to 107.66.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.249 percent, lower than the previous
day's 2.26 percent.

 (Reporting by Dahee Kim, Editing by Sherry Jacob-Phillips)
  
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