May 3, 2019 / 2:12 AM / 2 months ago

S.Korea tracks Wall Street losses; won falls to more than 2-yr low

    * KOSPI index falls, foreigners buy 
    * Korean won weakens to lowest since Jan 2017
    * South Korea benchmark bond yields fall

    SEOUL, May 3 (Reuters) - Round-up of South Korean financial
markets:
    
    ** South Korea's KOSPI stock index         fell on Friday,
tracking losses from Wall Street, as reduced hope of a rate cut
by the U.S. Fed this year hurt investor sentiment, while markets
await U.S. employment figures. The Korean won weakened to more
than two-year low, and the benchmark bond yields fell.
    
    ** The Seoul stock market's main KOSPI fell 18.31 points or
0.83 percent to 2,194.44 points.
        
    ** Foreigners were net buyers of 47.8 billion won worth of
shares on the main board and are set to extend their purchase to
a fifth day.
    
    ** The won quoted at 1,171.2 per dollar on the onshore
settlement platform           , 0.46 percent lower than its
previous close at 1,165.7, posting its lowest intraday trading
level since January 2017.
    
    ** In offshore trading, the won        quoted at 1,170.3 per
U.S. dollar, down 0.4 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
              was quoted at 1,169.2 per dollar.
    
    ** MSCI's broadest index of Asia-Pacific shares outside
Japan                 was down 0.40 percent, after U.S. stocks
ended the previous session with losses            . Japanese
stocks         were closed for the Golden Week holidays and will
resume trading on May 7.
    
    ** The KOSPI has risen 7.52 percent so far this year, and
rose 1.6 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.
    
    ** Trading volume during the session on the KOSPI index
        was 240.90 million shares and, of the total traded
issues of 885, the number of advancing shares was 279.
    
    ** The won has lost 4.7 percent against the U.S dollar this
year.
    
    ** In money and debt markets, June futures on three-year
treasury bonds         rose 0.03 points to 109.51, while the
3-month Certificate of Deposit rate was quoted at 1.84 percent.
    
    ** The most liquid 3-year Korean treasury bond yield fell by
0.8 basis points to 1.723 percent, while the benchmark 10-year
yield fell by 0.3 basis points to 1.882 percent.

 (Reporting by Joori Roh; editing by Uttaresh.V)
  
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