August 1, 2018 / 2:57 AM / 4 months ago

S.Korean stocks climb on Wall Street gains; won holds steady

    * KOSPI index edge higher, foreigners buy
    * Korean won flat versus U.S. dollar
    * South Korean bond yields down

    SEOUL, Aug 1 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's KOSPI stock index         inched higher on
Wednesday, drawing support from overnight gains on Wall Street,
but reports that Washington plans to raise tariffs on Chinese
goods put the focus back on China-U.S. trade. South Korean won
remained flat.
      
** Reports that the U.S. plans tariffs of 25 percent on $200
billion in Chinese imports led to uncertainty, after an earlier
Bloomberg report that said Washington and Beijing were seeking
to resume trade talks to defuse the battle over import tariffs.
           
     
** At 02:48 GMT, the KOSPI was up 8.35 points or 0.36 percent at
2,303.61.
 
** The won was quoted at 1,117.8 per dollar on the onshore
settlement platform           , 0.08 percent firmer than its
previous close at 1,118.7. 
 
** In offshore trading, the won        was quoted at 1,118.49
per U.S. dollar, down 0.56 percent from the previous day, while
in one-year non-deliverable forwards             it was being
transacted at 1,101.55 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.04 percent, after U.S. stocks ended the
previous session with gains            . Japanese stocks        
rose 0.53 percent. 
 
** The KOSPI is down around 7.0 percent so far this year, and
down by 1.92 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 114,177,000 shares and, of the total traded issues
of 892, the number of advancing shares was 548.
 
** Foreigners were net buyers of 58,622 million won worth of
shares.
 
** The U.S. dollar has risen 4.89 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 1,140.4 on July 19 2018.
 
** In money and debt markets, September futures on three-year
treasury bonds         rose 0.03 points to 108.06.    

 (Reporting by Joori Roh; Editing by Amrutha Gayathri)
  
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