S.Korean stocks, won drop on foreign selling; bond yields inch up

JYP Entertainment

01/10/2018 08:12

* KOSPI index falls, foreigners sell
    * Korean won slips vs U.S. dollar
    * South Korea bond yields up
    * For the midday report, please click  urn:newsml:reuters.com:*:nL4N1WH1E2

    SEOUL, Oct 1 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's KOSPI stock index  .KS11  fell on Monday, amid
muted broader Asian peers, as foreign investors trimmed their
equity exposure. The Korean won fell modestly while bond yields
inched up.
 
** At 06:30 GMT, the KOSPI was down 4.19 points or 0.18 percent
at 2,338.88 while junior KOSPI  .KQ11  was down 0.7 percent to
816.53. 
    
** South Korea's top three entertainment companies rose as
investors bet on K-pop gaining further global popularity, with
JYP Entertainment  035900.KQ  hitting a new high.  urn:newsml:reuters.com:*:nL4N1WH1X7
    
** Shares of South Korean companies exposed to China were up on
Chinese National Day holiday, as more Chinese tourists are
expected to flock to Seoul.  urn:newsml:reuters.com:*:nL4N1WH0PO

** South Korea's exports were seen robust down the road, even
though they fell 8.2 percent, the sharpest in over two years,
due to fewer working days.  urn:newsml:reuters.com:*:nL4N1WE1SZ
 
** The won was quoted at 1,111.8 per dollar on the onshore
settlement platform  KRW=KFTC , 0.22 percent weaker than its
previous close at 1,109.3. 
 
** In offshore trading, the won  KRW=  was quoted at 1,111.52
per U.S. dollar, down 0.14 percent from the previous day, while
in one-year non-deliverable forwards  KRWNDFOR=  it was being
transacted at 1,094.9 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was down 0.29 percent after U.S. stocks ended
the previous session with mild losses  MKTS/GLOB . Japanese
stocks  .N225  rose 0.52 percent. 
 
** The KOSPI is down around 5.0 percent so far this year, and up
by 4.21 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 272,609,000 shares, and of the total traded issues
of 899, the number of advancing shares was 352.
 
** Foreigners were net sellers of 60,929 million won worth of
shares.
 
** The U.S dollar has risen 4.23 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2 2018 and low is 1,140.4 on July 19 2018.
 
** In money and debt markets, December futures on three-year
treasury bonds  KTBc1  fell 0.06 points to 108.32.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.02 percent, higher than the previous
day's 2.01 percent.

 (Reporting by Hayoung Choi; Editing by Vyas Mohan)
 ((hayoung.choi@thomsonreuters.com;))