May 10, 2018 / 1:54 AM / 9 months ago

South Korean stocks gain, won edges up

    * KOSPI index rises, foreigners sell 
    * Korean won stronger versus U.S. dollar
    * South Korea bond yields down

    SEOUL, May 10 (Reuters) - Round-up of South Korean financial
** South Korea's KOSPI stock index         rose on Thursday. The
Korean won gained strength, while bond yields dropped. 
** At 0131 GMT, the KOSPI was up 12.03 points or 0.49 percent at
** Shares of South Korea's construction and railway firms such
as Hyundai Rotem             and Seoam Machinery Industry Co.
            surged on hopes of inter-Korean economic projects
after leaders of South Korea and China agreed that North Korea
should be guaranteed economic aid if it were to undertake
complete denuclearisation.             
** The won was quoted at 1,078.1 per dollar on the onshore
settlement platform           , 0.26 percent firmer than its
previous close at 1,080.9. 
** In offshore trading, the won        was quoted at 1,077.8 per
U.S. dollar, up 0.05 percent from the previous day, while in
one-year non-deliverable forwards             it was being asked
at 1,060.05 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.46 percent, after U.S. stocks ended the
previous session with mild gains            . Japanese stocks
        rose 0.3 percent. 
** The KOSPI is down around 1.0 percent so far this year, and
slipped 0.28 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 195,808,000 shares, and of the total traded issues
of 882, the number of advancing shares was 454.
** Foreigners were net sellers of 3,542 million won worth of
** The U.S dollar rose 1.07 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         climbed 0.03 points to 107.5.
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.297 percent, lower than the previous
day's 2.31 percent.

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