S.Korean stocks end lower on virus worries; 'Parasite' producer surges

Barunson Entertainment & Arts

10/02/2020 07:23

* KOSPI falls, foreigners net sellers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield up
    * For the midday report, please click  urn:newsml:reuters.com:*:nL4N2AA020

    SEOUL, Feb 10 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korean shares closed lower on Monday on deepening
worries around the economic impact of the coronavirus outbreak
in China that has killed over 900 people. The won weakened,
while the benchmark bond yield gained.  
    
** The KOSPI  .KS11  ended down 10.88 points, or 0.49%, at
2,201.07.
    
** The U.S. Fed has noted the fallout from virus and said could
become a problem in an economic downturn.  urn:newsml:reuters.com:*:nL1N2A70ZY
    
** Domestic markets remained under pressure due to the virus
issue and the Fed's comments about the epidemic also fanned
concerns, said Noh Dong-kil, an analyst at NH Investment &
Securities. 
    
** China said on Monday the death toll https://amers1.apps.cp.extranet.thomsonreuters.biz/cms/?navid=747389195
 rose to 908 and 3,062 new confirmed infections were reported as
of Sunday, bringing the total number to 40,171.  urn:newsml:reuters.com:*:nL4N2AA01K
    
** Barunson Entertainment & Arts Corp  035620.KQ , the producer
of social satire movie "Parasite", surged 19.3% as the film won
four Oscars, including best picture. South Korea's CJ ENM
 035760.KQ , which released the film in South Korea, added 2.4%.
 urn:newsml:reuters.com:*:nL1N2A908B  urn:newsml:reuters.com:*:nL4N2AA08L
    
** Foreigners were net sellers of 303.2 billion won ($255.43
million) worth of shares on the main board. 
    
** The won was quoted at 1,187.1 per dollar on the onshore
settlement platform  KRW=KFTC , 0.05% lower than its previous
close at 1,186.5.
    
** In offshore trading, the won  KRW=  was quoted at 1,187.2 per
U.S. dollar, up 0.4% from the previous day, while in
non-deliverable forward trading, its one-month contract
 KRW1MNDFOR=  was quoted at 1,186.6 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was down 0.36%. Japanese stocks  .N225  fell
0.60%.  MKTS/GLOB 
    
** The KOSPI has risen 0.15% so far this year, and gained 0.4%
in the previous 30 trading sessions.
    
** The trading volume was 600.45 million shares and, of the
total traded issues of 906, the number of advancing shares was
395.
    
** The won has lost 2.6% against the dollar so far this year.
    
** In money and debt markets, March futures on three-year
treasury bonds  KTBc1  fell 0.05 points to 110.77, while the
3-month Certificate of Deposit rate was quoted at 1.42% in late
afternoon trade.

** The most liquid 3-year Korean treasury bond yield rose by 1.6
basis points to 1.296% in late afternoon trade, while the
benchmark 10-year yield rose by 0.3 basis points to 1.605%.
    
($1 = 1,187.0000 won)    

 (Reporting by Hayoung Choi; editing by Uttaresh.V)
 ((hayoung.choi@thomsonreuters.com; +82 2 6936 1468;))