S.Korean stocks, won recover after heavy losses
20/06/2018 07:30
* KOSPI index gains, foreign investors buy
* Korean won up against U.S. dollar
* South Korea bond yields up
* For the midday report, please click urn:newsml:reuters.com:*:nL4N1TM1K4
SEOUL, June 20 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index .KS11 and the won bounced
back on Wednesday, snapping losses of the past few days despite
continued anxiety over a U.S.-China trade war, while bond yields
rose.
** At 06:30 GMT, the KOSPI was up 23.80 points or 1.02 percent
at 2,363.91. Electricity and electronics-related shares
including SK Hynix 000660.KS and Samsung SDI 006400.KS rose
4.4 percent and 6 percent, respectively. Biotech drugmaker
Samsung BioLogics 207940.KS gained more than 10 percent, as
the financial watchdog's third review into an accounting rules
breach got under way on Wednesday. urn:newsml:reuters.com:*:nL3N1S9063
** South Korea's cryptocurrency exchange-related shares slipped
after the South Korean cryptocurrency exchange Bithumb said 35
billion won ($31.5 million) worth of virtual coins were stolen
by hackers overnight. Bithumb's stakeholders Vidente 121800.KQ
and Omnitel 057680.KQ tumbled 11.4 percent and 5.5 percent,
respectively. urn:newsml:reuters.com:*:nL4N1TM1GB
** The won was quoted at 1,105.1 per dollar on the onshore
settlement platform KRW=KFTC , 0.36 percent firmer than its
previous close at 1,109.1, snapping five sessions of declines.
** In offshore trading, the won KRW= was quoted at 1,104.65
per U.S. dollar, up 0.56 percent from the previous day, while in
one-year non-deliverable forwards KRWNDFOR= it was being asked
at 1,087.95 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
.MIAPJ0000PUS was up 0.92 percent, while U.S. stocks ended the
previous session with losses. Japanese stocks .N225 rose 1.24
percent. MKTS/GLOB
** The KOSPI is down around 5.2 percent so far this year, and
has fallen 6.61 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 446,636,000 shares and, of the total traded issues
of 887, the number of advancing shares was 590.
** Foreigners were net buyers of 110,143 million won worth of
shares.
** The U.S dollar has risen 3.59 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2 while the low is 1,116.45 on June 19.
** In money and debt markets, September futures on three-year
treasury bonds KTBc1 fell 0.02 points to 107.84.
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.168 percent, higher than the previous
day's 2.17 percent.
(Reporting by Joori Roh; Editing by Biju Dwarakanath)
((joori.roh@thomsonreuters.com;))