June 11, 2018 / 3:06 AM / 10 months ago

S.Korea stocks, won gain on positive outlook for U.S.-N.Korea summit

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

    SEOUL, June 11 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         and the won       
rose slightly on Monday as investor improved sentiment ahead of
a historical summit between the U.S. and North Korea, due on
Tuesday, while bond yields climbed. 
** At 02:12 GMT, the KOSPI was up 6.98 points or 0.28 percent at
2,458.56. Stocks seen to potentially benefit from inter-Korea
projects climbed, including Hyundai Cement             and
Hyundai Elevator            , which gained 9 percent and 2
percent respectively.
** South Korea's cryptocurrency exchange-related shares plunged
as a 'cyber intrusion' into South Korean cryptocurrency exchange
Coinrail broke out over the weekend, causing a loss for about 30
percent of the coins traded on the exchange. Shares of Vidente
            tumbles 4 pct down, lowest since April. Omnitel
            also fell 5.1 pct.                  
** The won was quoted at 1,073.6 per dollar on the onshore
settlement platform           , 0.21 percent firmer than its
previous close at 1,075.9. 
** In offshore trading, the won        was quoted at 1,073.03
per U.S. dollar, up 0.08 percent from the previous day, while in
one-year non-deliverable forwards             it was being asked
at 1,055.2 per dollar. 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.12 percent, after U.S. stocks ended the
previous session with gains            . Japanese stocks        
rose 0.23 percent.  
** The KOSPI is down around 0.6 percent so far this year, and up
by 0.91 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 189,101,000 shares and, of the total traded 882
issues, the number of advancing shares was 457.
** Foreigners were net sellers of 36,516 million won worth of
** The U.S dollar has risen 0.62 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         fell 0.04 points to 107.9.
** The benchmark 3-year Korean treasury bond yielded 2.228
percent, higher than the previous day's 2.19 percent.

 (Reporting by Joori Roh; Editing by Sunil Nair)
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below