S.Korean stocks, won lower; cenbank meetings, US data eyed

Hyundai Elevator

30/07/2018 07:55

* KOSPI index edge lower, foreigners buy
    * Korean won falls against U.S. dollar
    * South Korea bond yields up
    * For the midday report, please click  urn:newsml:reuters.com:*:nL4N1UQ1G1

    SEOUL, July 30 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index  .KS11  and the won weakened
on Monday ahead of key central bank meetings and U.S. inflation
and payrolls data. The U.S. Federal Reserve meets on Tuesday and
Wednesday and is widely expected to stand pat on interest rates
while reaffirming its outlook for further gradual rises. South
Korean bond yields rose.
 
** At 06:30 GMT, the KOSPI was down 1.48 points or 0.06 percent
at 2,293.51. South Korean sub-index for electric and electronics
 .KS41  dipped 1 pct, leading the losses. Samsung Electronics
 005930.KS  and LG Electronics  066570.KS  tumbled 0.9 percent
and 1.1 percent, respectively.
    
** Conglomerate Hyundai Group companies and affiliates closed
higher after North Korea accepted the company's request to visit
North Korea. Hyundai Rotem  064350.KS  and Hyundai Elevator Co
Ltd  017800.KS  jumped as much as 7 pct and 4.4 pct,
respectively, while Hyundai Corp  011760.KS  climbed 4.4 pct.
 urn:newsml:reuters.com:*:nL4N1UQ2PK
      
** The won was quoted at 1,120.2 per dollar on the onshore
settlement platform  KRW=KFTC , 0.19 percent weaker than its
previous close at 1,118.1. 
 
** In offshore trading, the won  KRW=  was quoted at 1,119.93
per U.S. dollar, down 0.47 percent from the previous day, while
in one-year non-deliverable forwards  KRWNDFOR=  it was being
asked at 1,103.2 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was down 0.49 percent, after U.S. stocks ended
the previous session with losses  MKTS/GLOB . Japanese stocks
 .N225  weakened 0.74 percent. 
 
** The KOSPI is down around 7.0 percent so far this year, and
down by 4.54 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 202,744,000 shares and, of the total 895 traded
issues, the number of advancing shares was 485.
 
** Foreigners were net buyers of 134,719 million won worth of
shares.
 
** The U.S dollar has risen 5.02 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2, 2018 and the low is 1,140.4 on July 19, 2018.
 
** In money and debt markets, September futures on three-year
treasury bonds  KTBc1  fell 0.04 points to 108.03.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.13 percent, higher than the previous
day's 2.11 percent.

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