S.Korea stocks climb on foreign buying; won gains

Samsung E&A Co

03/06/2019 03:33

* KOSPI index rises, foreigners net buyers
    * Korean won strengthens versus U.S. dollar
    * South Korea benchmark bond yield rises

    Seoul, June 3 (Reuters) - Round-up of South Korean financial
markets:
South Korea's KOSPI stock index  .KS11  extended gains on Monday
as foreign investors piled in on electronics firms such as
Samsung Electronics  005930.KS  and SK Hynix  000660.KS . The
Korean won strengthened and the benchmark bond yield also rose.
 
** The Seoul stock market's main KOSPI rose 10.65 points or
0.52% to 2,052.39 points. 
    
** Foreigners were net buyers of 142.9 billion won ($120.83
million) worth of shares on the main board. 
 
** South Korea's Samsung Engineering  028050.KS  falls after
legal dispute over cancellation of Saudi's Yanbu project.
 urn:newsml:reuters.com:*:nL4N23A05K
       
** The won was quoted at 1,183.2 per dollar on the onshore
settlement platform  KRW=KFTC , 0.65% higher than its previous
close at 1,190.9.
 
** In offshore trading, the won  KRW=  was quoted at 1,183.3 per
U.S. dollar, up 0.4% from the previous session, while in
non-deliverable forward trading its one-month contract
 KRW1MNDFOR=  was quoted at 1,182.1 per dollar.

** MSCI's broadest index of Asia-Pacific shares outside Japan
 .MIAPJ0000PUS  was up 0.04%, after U.S. stocks fell
 MKTS/GLOB . Japanese stocks  .N225  dropped 1.13%.
    
** The KOSPI rose 0.56% so far this year, and lost 9.1% in the
previous 30 trading sessions.
    
** The current price-to-earnings ratio is 12.10, the dividend
yield is 1.28% and the market capitalisation is 1,242.04
trillion won.
    
** The trading volume during the session on the KOSPI index
 .KS11  was 192.82 million shares and, of the total traded
issues of 893, the number of advancing shares was 314.
    
** The won lost 5.7% against the U.S dollar so far this year.
    
** In money and debt markets, June futures on three-year
treasury bonds  KTBc1  dipped 0.02 points to 110.01
    
** The most liquid 3-year Korean treasury bond yield fell by 0.6
basis points to 1.581%, while the benchmark 10-year yield rose
by 1.0 basis points to 1.692%.

    ($1 = 1,182.7000 won)
    

 (Reporting by Yuna Park, Editing by Sherry Jacob-Phillips)
 ((Yuna.Park@thomsonreuters.com; +822 3704 5565; Reuters
Messaging: yuna.park.thomsonreuters.com@reuters.net))