Autos drive S.Korea stocks lower; won down
 

Autos drive S.Korea stocks lower; won down
* KOSPI index falls
* Foreigners sell
* Won weakens against U.S. dollar
* S.Korea bond yields up

SEOUL, March 19 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index started the week with
losses as major auto shares declined after the U.S. regulator
said it had opened a probe into airbag failure in vehicles from
Hyundai Motor and Kia Motor .


** The Korean won edged down while bond yields rose.

** At 01:11 GMT, the KOSPI was down 16.75 points or 0.67 percent
at 2,477.22. Hyundai Motor and Kia Motor fell as much as 4.8
percent and 2.8 percent, respectively, while Hyundai Mobis
lost 5.4 percent.

** The won was quoted at 1,070.1 per dollar on the onshore
settlement platform , 0.36 percent weaker than its
previous close of 1,066.2.

** In offshore trading, the won was quoted at 1,070.5 per
U.S. dollar, down 0.09 percent from the previous day, while in
one-year non-deliverable forwards it was being
transacted at 1,058.45 per dollar.

** MSCI's broadest index of Asia-Pacific shares outside Japan
was down 0.35 percent after U.S. stocks ended
the previous session with mild gains . Japanese
stocks fell 1.24 percent.

** The KOSPI is up around 1.1 percent so far this year and up by
2.87 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
was 167,498,000 shares and out of the total traded
issues of 877, the number of advancing shares was 287.

** Foreigners were net sellers of 47,414 million won worth of
shares.

** The U.S dollar has risen 0.39 percent against the won this
year. The won's high for the year is 1,056.67 per dollar on
January 14 2018 and low is 1,098.4 on February 6 2018.

** In money and debt markets, March futures on three-year
treasury bonds fell 0.03 points to 107.8.

** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 2.283 percent, higher than the previous
day's 2.28 percent.

(Reporting by Dahee Kim; Editing by Vyas Mohan)


2018-03-19 03:37:59


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