S.Korean chip, auto shares lead losses; won gains

HL Mando

20/11/2018 07:09

* KOSPI index dips, foreigners sell
    * Korean won rises against dollar
    * South Korea bond yields down
For the midday report, please click  urn:newsml:reuters.com:*:nL4N1XV1FL

    SEOUL, Nov 20 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's KOSPI stock index  .KS11  weakened on Tuesday,
weighed by losses in tech and auto industries. The won rose
while bond yields fell.
    
    ** At 06:30 GMT, the KOSPI was down 17.98 points or 0.86
percent at 2,082.58, snapping three sessions of gains.
    
    ** South Korea's leading chipmakers slipped, tracking U.S.
peers, as media reports on weak sales of Apple's  AAPL.O  new
iPhone and China's probe on alleged antitrust violations weighed
on investor sentiment amid global anxieties; Samsung Electronics
Co Ltd  005930.KS  and SK Hynix Inc  000660.KS  closed down 2.0
percent and 3.3 percent, respectively.  urn:newsml:reuters.com:*:nL4N1XV04K
    
    ** South Korean carmakers slumped on growing uncertainties
with the sub-index for transportation  .KS42  falling 2.1
percent. Shares of Hyundai Motor Co  005380.KS  closed down 3.9
percent, hitting their lowest close since November 2009, while
its affiliate Kia Motors Corp  000270.KS  and its parts producer
Mando Corp  204320.KS  fell 4.7 percent and 6.6 percent
respectively.
    
    ** "While chip shares and auto shares plunged, dragging down
the KOSPI index, compared to losses in the U.S. and Chinese
markets, it wasn't bad," said Huh Jae-hwan, an analyst at Eugene
Investment & Securities.
    
    ** The won was quoted at 1,125.8 per dollar on the onshore
settlement platform  KRW=KFTC , 0.25 percent firmer than its
previous close at 1,128.6.
    
    ** In offshore trading, the won  KRW=  was quoted at 1,125.8
per U.S. dollar, down 0.07 percent from the previous day, while
in one-year non-deliverable forwards  KRWNDFOR=  it was being
asked at 1,104.85 per dollar.
    
    ** MSCI's broadest index of Asia-Pacific shares outside
Japan  .MIAPJ0000PUS  was down 1.10 percent, after U.S. stocks
ended the previous session with losses  MKTS/GLOB . Japanese
stocks  .N225  weakened 1.09 percent.
    
    ** The KOSPI is down around 14.9 percent so far this year,
and down by 7.36 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 274,836,000 shares and, of the total 894 traded
issues, the number of advancing shares was 282.
    
    ** Foreigners were net sellers of 255,869 million won worth
of shares.
    
    ** The U.S dollar has risen 5.57 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  KTBc1  rose 0.03 point to 108.79.
    
    ** The Korean 3-month Certificate of Deposit benchmark rate
was quoted at 1.7 percent, while the benchmark 3-year Korean
treasury bond yielded 1.936 percent, lower than the previous
day's 1.94 percent.

 (Reporting by Joori Roh and Yuna Park; Editing by Sunil Nair)
 ((joori.roh@thomsonreuters.com;))