March 27, 2020 / 3:26 AM / in 10 days

S.Korean shares gain on global stimulus hopes

    * KOSPI rises, foreigners net sellers
    * Korean won strengthens versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, March 27 (Reuters) - Round-up of South Korean
financial markets:
    
** South Korean shares bounced on Friday on hopes that stimulus
measures around the world, including a $2 trillion package from
the U.S, will blunt the economic damage caused by the
coronavirus pandemic. The won strengthened and the benchmark
bond yield fell. 
    
** The Seoul stock market's main KOSPI         rose 18.90
points, or 1.12%, to 1,705.14 by 0227 GMT.
 
** Equity prices are on a trend of recovering from the routs in
mid-March as mounting stimulus policies eased investors fear
over economic fallouts, said Lim Dongmin, an analyst at Kyobo
Investment & Securities.
    
** A Wall Street rally overnight led global gains as traders
focused more on the passage of a massive coronavirus relief bill
and the possibility of more stimuli to come.             
    
** Leaders of the Group of 20 major economies pledged on
Thursday to inject over $5 trillion into the global economy to
overcome the coronavirus impacts.                 
    
** Foreigners were net sellers of 133 billion won ($109.37
million) worth of shares on the main board.      
    
** South Korean consumers turned the most pessimistic in 11
years in March, the central bank data showed, on deepening
worries about an economic slowdown due to the virus outbreak.
            
    
** The country reported 91 new coronavirus cases on Friday,
taking the national tally to 9,332.             
    
** The won was quoted at 1,216.3 per dollar on the onshore
settlement platform           , 1.36% higher than its previous
close at 1,232.8. It has lost 4.9% against the dollar so far
this year.
    
** In offshore trading, the won        was quoted at 1,216.2 per
dollar, down 0.3% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,214.1.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.57%. Japanese stocks         rose
1.27%.
    
** The KOSPI has fallen 22.41% so far this year and lost 24.5%
in the previous 30 trading sessions.
    
** The trading volume during the session in the KOSPI index
        was 531.34 million shares. Of the total traded issues of
903, the number of advancing shares was 777.
    
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.19 points to 111.52.
    
** The most liquid 3-year Korean treasury bond yield fell by 3.3
basis points to 1.032%, while the benchmark 10-year yield fell
by 4.0 basis points to 1.459%.
($1 = 1,216.1100 won)

 (Reporting by Jihoon Lee; Editing by Amy Caren Daniel)
  
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