April 10, 2018 / 1:52 AM / 3 months ago

S.Korean stocks, won slip; Xi speech awaited

    * KOSPI index edges lower, foreigners sell 
    * Korean won weakens against U.S. dollar
    * South Korean bond yields also fall

    SEOUL, April 10 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         weakened on Tuesday.
The Korean won slipped against the dollar in the local platform,
while bond yields also fell.
 
** At 01:21 GMT, the KOSPI was down 9.77 points or 0.40 percent
at 2,434.31. Markets are awaiting Chinese President Xi Jinping's
speech at the Boao Forum which could yield his first reaction to
Beijing's trade conflict with Washington.

** Shares in Samsung C&T Corp             and Samsung BioLogics
Co Ltd             rose 3.6 percent and 6.8 percent,
respectively, after Samsung C&T's report said the company is
considering raising up to 3 trillion won ($2.8 billion) to buy a
30 percent stake in biopharma affiliate Samsung Bioepis Co Ltd.
Samsung Biologics owns 94.6 percent of Samsung Bioepis.
            
 
** The won was quoted at 1,071.6 per dollar on the onshore
settlement platform           , 0.42 percent weaker than its
previous close at 1,067.1. 
 
** In offshore trading, the won        was quoted at 1,070.1 per
U.S. dollar, down 0.13 percent from the previous day, while in
one-year non-deliverable forwards             it fetched 1,054.3
per dollar.
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.05 percent, after U.S. stocks ended
the previous session with mild gains            . Japanese
stocks         weakened 0.16 percent. 
 
** The KOSPI is down around 0.9 percent so far this year, and
down by 0.30 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 147,090,000 shares, and of the total traded issues
of 881, the number of advancing shares was 199.
 
** Foreigners were net sellers of 108,248 million won worth of
shares.
 
** The U.S. dollar has risen 0.35 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 February 6 2018.
 
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.07 points to 107.94.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.155 percent, lower than the previous
day's 2.17 percent.

 (Reporting by Dahee Kim; Editing by Amrutha Gayathri)
  
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