S.Korea stocks pick up as heavyweights revive, won steady

LG Innotek Co

06/11/2018 02:14

* KOSPI index climbs, foreigners sell
    * Korean won steady versus U.S. dollar
    * South Korea bond yields is steady

    SEOUL, Nov 6 (Reuters) - Round-up of South Korean financial
markets:
** South Korea's KOSPI stock index  .KS11  picked up in early
trade Tuesday on a revival in market heavyweights. The Korean
won was steady against dollar, while bond yields were unchanged.
 
** At 02:01 GMT, the KOSPI was up 6.02 points or 0.29 percent at
2,082.94.
    
** South Korea's electronic iPhone part suppliers, Samsung
Electro-Mechanics  009150.KS  and LG Innotek  011070.KS  wobbled
after the Nikkei Asian Review saw a dimmer outlook for the new
iPhone XR.  urn:newsml:reuters.com:*:nL4N1XH18M

** Shares of Hyundai Motor  005380.KS , POSCO  005490.KS  and
Naver  035420.KS  are leading gains on the KOSPI, while medical
stocks remain bullish after being buoyed by Yuhan Corp's
technology transfer contract with U.S. biotechnology company
Janssen Biotech Inc, according to Mirae Asset Daewoo report. 
 
** The won was quoted at 1,122.6 per dollar on the onshore
settlement platform  KRW=KFTC , 0.08 percent firmer than its
previous close at 1,123.5. 
 
** In offshore trading, the won  KRW=  was quoted at 1,122.42
per U.S. dollar, down 0.26 percent from the previous day, while
in one-year non-deliverable forwards  KRWNDFOR=  it was being
transacted at 1,103.3 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was up 0.12 percent, after U.S. stocks ended the
previous session with mild gains  MKTS/GLOB . Japanese stocks
 .N225  rose 0.94 percent. 
 
** The KOSPI is down around 15.8 percent so far this year, and
down by 9.82 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 119,982,000 shares and, of the total 887 traded
issues, the number of advancing shares was 536.
 
** Foreigners were net sellers of 52,124 million won worth of
shares.
 
** The U.S dollar has risen 5.26 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  fell 0.04 point to 108.58.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.7 percent, while the benchmark 3-year Korean
treasury bond yielded 1.989 percent, barely changed from the
previous day's 1.99 percent.

 (Reporting by Hayoung Choi; Editing by Sunil Nair)
 ((hayoung.choi@thomsonreuters.com;))