October 17, 2018 / 7:05 AM / a month ago

S.Korean stocks track Wall Street; won gains ahead of BOK meet

* KOSPI index gains, foreigners buy

* Korean won edges up against dollar

* South Korea bond yields fall

* For the midday report, please click

SEOUL, Oct 17 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index ended higher on Wednesday tracking Wall Street as upbeat U.S. earnings boosted investor sentiment. The won edged higher while bond yields fell.

** The KOSPI closed 22.39 points or 1.04 percent higher at 2,167.51.

** South Korean stocks edged up along with U.S. stocks as the downturn seemed to calm down. However, U.S. Treasury rates remaining at 3.16 percent is still putting pressure on South Korea’s stock market, says Huh Jae-hwan, an analyst at Eugene Investment & Securities.

** Shares of Samsung Biologics Co Ltd ended 3.7 percent down after a local media report that the financial watchdog will take disciplinary measure against the drugmaker. Financial Supervisory Service has reportedly concluded that the company violated accounting rules.

** While Netflix Inc rose 12 percent after the close as its results far outstripped market expectations with 7 million streaming customers added, South Korean drama production company Studio Dragon Corp and Jcontentree Corp jumped 8.3 percent and 5.2 percent, respectively.

** The won was quoted at 1,126.5 per dollar on the onshore settlement platform, 0.13 percent firmer than its previous close at 1,128, ahead of Bank of Korea’s monetary policy meeting on Thursday, with some expecting it to keep benchmark rate steady to 1.50 percent.

** In offshore trading, the won was quoted at 1,126.46 per U.S. dollar, down 0.3 percent from the previous day, while in one-year non-deliverable forwards it was being asked at 1,108.7 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.54 percent, after U.S. stocks ended the previous session with gains. Japanese stocks rose 1.29 percent.

** The KOSPI is down around 13.1 percent so far this year, and down by 6.86 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 266,396,000 shares and, of the total 898 traded issues, the number of advancing shares was 643.

** Foreigners were net buyers of 6,068 million won worth of shares.

** The U.S dollar has risen 5.64 percent against the won this year. The won’s high for the year is 1,053.55 per dollar on April 2 and the low is 1,146.26 on Oct. 11.

** In money and debt markets, December futures on three-year treasury bonds rose 0.1 points to 108.44.

** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.68 percent, while the benchmark 3-year Korean treasury bond yielded 2.026 percent, lower than the previous day’s 2.05 percent. (Reporting by Joori Roh, Yuna Park; Editing by Sunil Nair)

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