S.Korean stocks, won gain on BOJ decision to keep rates low
31/07/2018 08:05
* KOSPI index inch up, foreigners sell
* Korean won gains vs U.S. dollar
* South Korea bond yields down
* For the midday report, please click urn:newsml:reuters.com:*:nL4N1UR1O3
SEOUL, July 31 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index .KS11 and the won rose on
Tuesday after Bank of Japan decided to keep main policy targets
unchanged but added flexibility around them. Investors also
await several other central bank meetings later this week. South
Korean bond yields fell. urn:newsml:reuters.com:*:nT9N1TD07B
** At 06:33 GMT, the KOSPI was up 1.75 points or 0.08 percent at
2,295.26.
** South Korean stocks with North Korea exposure tumbled despite
military talks between the two Koreas held early during the day,
as U.S. spy satellites have detected renewed activity at the
North Korean factory that produced the country's first
intercontinental ballistic missiles capable of reaching the
United States, a senior U.S. official said on Monday. Shares of
Daea TI Co Ltd 045390.KQ and Korea Cement Co Ltd 198440.KQ
closed down 4.9 percent and 4.6 percent, respectively.
urn:newsml:reuters.com:*:nL4N1UR30N
** The won was quoted at 1,118.7 per dollar on the onshore
settlement platform KRW=KFTC , 0.13 percent firmer than its
previous close at 1,120.2.
** In offshore trading, the won KRW= was quoted at 1,118.37
per U.S. dollar, down 0.07 percent from the previous day, while
in one-year non-deliverable forwards KRWNDFOR= it was being
transacted at 1,101.8 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
.MIAPJ0000PUS was down 0.27 percent, after U.S. stocks ended
the previous session with losses after a broad sell-off of
technology stocks MKTS/GLOB . Japanese stocks .N225 rose 0.04
percent.
** The KOSPI is down around 7.1 percent so far this year, and
down by 3.48 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
.KS11 was 217,651,000 shares and, of the total 894 traded
issues, the number of advancing shares was 444.
** Foreigners were net sellers of 71,838 million won worth of
shares.
** The U.S dollar has risen 4.88 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 1,140.4 on July 19.
** In money and debt markets, September futures on three-year
treasury bonds KTBc1 rose 0.06 points to 108.1.
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.118 percent, lower than the previous
day's 2.13 percent.
(Reporting by Joori Roh; Editing by Sunil Nair)
((joori.roh@thomsonreuters.com;))