S.Korean stocks rise on gains in chemicals, airlines; won inches up

Trinity Airways Co

26/11/2018 06:58

* KOSPI index marks biggest gain since Nov 2; foreigners
sell
    * Korean won edges up vs dollar
    * South Korea bond yields remain steady
    * For the midday report, please click  urn:newsml:reuters.com:*:nL4N1Y1157

    SEOUL, Nov 26 (Reuters) - Round-up of South Korean financial
markets:
    ** South Korea's KOSPI stock index  .KS11  jumped on Monday,
boosted by gains in chemical and airline stocks on oil rout. The
Korean won edged up, while bond yields were nearly unchanged.
    
    ** At 06:31 GMT, the KOSPI closed up 25.55 points, or 1.24
percent, at 2,083.03, marking its biggest daily gain since Nov.
2.
    
    ** An oil price slump buoyed airline shares including T'Way
Air Co Ltd  091810.KS , JejuAir Co Ltd  089590.KS  and Asiana
Airlines Inc  020560.KS . The chemical sub-index  .KS29  added
1.5 percent. Korea Electric Power Corp  015760.KS  shares ended
6.2 percent higher.  urn:newsml:reuters.com:*:nL4N1Y103C
    
    ** Railway-related firms, Namkwang Engineering &
Construction Co Ltd  001260.KS  and Hyundai Rotem Co
 064350.KS , soared after the South Korean government secured
U.N. sanctions exception for an inter-Korean railway survey.
 urn:newsml:reuters.com:*:nL4N1Y111X
    
    ** The won was quoted at 1,128.9 per dollar on the onshore
settlement platform  KRW=KFTC , 0.14 percent firmer than its
previous close at 1,130.5.
    
    ** Investors took a wait-and-see attitude ahead of the Fed
monetary policy decision and the U.S.-China summit, according to
Mirae Asset Daewoo report.
    
    ** In offshore trading, the won  KRW=  was quoted at
1,128.87 per U.S. dollar, up 0.32 percent from the previous day,
while in one-year non-deliverable forwards  KRWNDFOR=  it was
being transacted at 1,108.1 per dollar.
    
    ** MSCI's broadest index of Asia-Pacific shares outside
Japan  .MIAPJ0000PUS  was up 0.64 percent, after U.S. stocks
ended the previous session with losses  MKTS/GLOB . Japanese
stocks  .N225  rose 0.76 percent.
    
    ** The KOSPI is down around 16.6 percent so far this year,
and down by 4.83 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 231,575,000 shares and, of the total traded issues
of 894, the number of advancing shares was 631.
    
    ** Foreigners were net sellers of 37,946 million won worth
of shares.
    
    ** The U.S dollar has risen 5.86 percent against the won
this year. The won's high for the year is 1,053.55 per dollar
hit on April 2 and low is 1,146.26 on Oct. 11.
    
    ** In money and debt markets, December futures on three-year
treasury bonds  KTBc1  rose 0.02 points to 108.9.
    
    ** The Korean 3-month Certificate of Deposit benchmark rate
was quoted at 1.7 percent, while the benchmark 3-year Korean
treasury bond yielded 1.916 percent, higher than the previous
day's 1.91 percent.

 (Reporting by Joori Roh; Editing by Rashmi Aich)
 ((joori.roh@thomsonreuters.com; +82 2 3704 5642; Reuters
Messaging: joori.roh.thomsonreuters.com@reuters.net))