May 30, 2018 / 2:43 AM / a year ago

S.Korea stocks, won tumble on Italy's political turmoil

    * KOSPI index fell, foreigners sell 
    * Korean won rose versus U.S. dollar
    * South Korea bond yields were down

    SEOUL, May 30 (Reuters) - Round-up of South Korean financial
** South Korea's KOSPI stock index         and the won       
weakened on Wednesday on overnight losses in Wall Street and as
political turmoil in Italy sparked concerns about the stability
of the euro zone. 
** At 0232 GMT, the KOSPI was down 48.71 points or 2.01 percent
at 2,408.54. Market heavyweight Samsung Electronics            
declined 2.3 percent, while Hyundai Motor             dropped
2.9 percent as foreigners offloaded shares following increased
uncertainties from Europe. 
** The won was quoted at 1,081.8 per dollar on the onshore
settlement platform           , 0.46 percent weaker than its
previous close at 1,076.8. 
** In offshore trading, the won        was quoted at 1,081.6 per
U.S. dollar, up 0.16 percent from the previous day, while in
one-year non-deliverable forwards             it was being
transacted at 1,063.55 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 1.47 percent, after U.S. stocks ended
the previous session with mild losses            . Japanese
stocks         weakened 1.79 percent. 
** The KOSPI is down around 0.4 percent so far this year, and
down by 0.60 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 267,704,000 shares, and of the total traded issues
of 881, the number of advancing shares was 142.
** Foreigners were net sellers of 232,658 million won worth of
** The U.S dollar has risen 1.43 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 0.08 points to 107.98.

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