S.Korean stocks shrug off N.Korea risk, won drops
* KOSPI index adds nearly 1 pct, foreigners net sellers
* Korean won hits lowest intraday level since Nov 2018
* South Korea benchmark bond yield rises
* For the midday report, please click
SEOUL, March 15 (Reuters) - Round-up of South Korean
** South Korea's KOSPI stock index jumped on Friday,
shrugging off geopolitical risks after North Korea said it was
considering suspending nuclear talks with the United States. The
Korean won hit its lowest intraday level since November 2018
following the report, but recouped some of its losses. The
benchmark bond yield rose.
** North Korea is considering suspending talks with the United
States and may rethink a ban on missile and nuclear tests unless
Washington makes concessions, news reports from the North's
capital on Friday quoted a senior diplomat as saying.
** The Seoul stock market's main KOSPI index added 20.43 points
or 0.95 percent to 2,176.11 points. For the week, the index
added 1.8 percent.
** South Korea's entertainment shares shrank over increased
uncertainties in the industry following a series of sex scandals
involving K-pop stars.
** Shares exposed to North Korea plunged while those of
defence-related firms surged, after the North Korea report.
** Foreigners were net sellers of 114.8 billion won worth of
shares on the main board.
** The won was quoted at 1,137.3 per dollar on the onshore
settlement platform, 0.22 percent lower than its
previous close at 1,134.8. The currency barely changed from a
** In offshore trading, the won was quoted at 1,136.7 per
U.S. dollar, down 0.1 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
was quoted at 1,136.6 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
was up 0.66 percent, after U.S. stocks ended
steady. Japanese stocks rose 0.77 percent.
** The KOSPI has risen 6.62 percent so far this year, but fallen
1 percent in the previous 30 trading sessions.
** 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 373.55 million shares and, of the total traded
issues of 898, the number of advancing shares was 352.
** The won has lost 1.9 percent against the U.S dollar this
** In money and debt markets, March futures on three-year
treasury bonds fell 0.07 points to 109.19, while the
3-month Certificate of Deposit rate was quoted at 1.90 percent.
** The most liquid 3-year Korean treasury bond yield rose 1.1
basis points to 1.804 percent, while the benchmark 10-year yield
increased 1.1 basis points to 1.988 percent.
(Reporting by Hayoung Choi; Editing by Shreejay Sinha)
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