S.Korea stocks rise on China stimulus; Brexit mayhem caps gains
* KOSPI index edges up, foreigners buy
* Korean won falls versus U.S. dollar
* South Korea bond yields down
SEOUL, Jan 16 (Reuters) - Round-up of South Korean financial
South Korea's KOSPI stock index edged higher on
Wednesday, tracking overnight gains in Wall Street buoyed by
China stimulus hopes, while the latest episode of Brexit drama
curbed further gains. The Korean won and bond yields slipped.
** British lawmakers defeated Prime Minister Theresa May's
Brexit divorce deal by a crushing margin on Tuesday, triggering
political chaos that could lead to a disorderly exit from the
European Union or even to a reversal of the 2016 decision to
** At 0229 GMT, the KOSPI was up 4.80 points or 0.23 percent at
** The won was quoted at 1,123.8 per dollar on the onshore
settlement platform , 0.28 percent weaker than its
previous close at 1,120.7.
** In offshore trading, the won was quoted at 1,121.6 per
U.S. dollar, down 0.01 percent from the previous day, while in
one-year non-deliverable forwards it was being
transacted at 1,103.85 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
was down 0.07 percent, after U.S. stocks ended
the previous session with gains . Japanese stocks
weakened 0.7 percent.
** The KOSPI is up around 2.8 percent so far this year, and up
by 0.80 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
** The trading volume during the session on the KOSPI index
was 260,682,000 shares and, of the total traded issues
of 894, the number of advancing shares was 475.
** Foreigners were net buyers of 51,220 million won worth of
** The U.S dollar has risen 0.75 percent against the won this
year. The won's high for the year is 1,113.81 per dollar on
January 11 2019 and low is 1,130.05 on January 3 2019.
** In money and debt markets, March futures on three-year
treasury bonds rose 0.01 points to 109.32.
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.86 percent, while the benchmark 3-year Korean
treasury bond yielded 1.792 percent, lower than the previous
day's 1.80 percent.
(Reporting by Joori Roh, Editing by Sherry Jacob-Phillips) 2019-01-16 04:33:19
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