S.Korea stocks largely unchanged amid Iran-U.S. jitters

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

Seoul, April 23 (Reuters) - Round-up of South Korean
financial markets
South Korea's KOSPI stock index was little changed on
Tuesday as investors adopted a wait-and-watch stance amid
uncertainty over U.S. decision to choke off Iran's oil revenues.
The Korean won strengthened, while benchmark bond yield fell.

** The Seoul stock market's main KOSPI rose 0.30 points or 0.01
percent to 2,216.95 points.

** Washington said it would eliminate in May all waivers
allowing eight economies to buy Iranian oil without facing U.S.
sanctions, a move which sent crude prices to six-month highs on
fears of a potential supply crunch.

** Shares of South Korean airlines fall as U.S. ends Iran
sanction waivers.

** Hanjin Heavy shares rally on first trading session in 90
days.

** Foreigners were net buyers of 9.5 billion won worth of shares
on the main board.

** The won was quoted at 1,139.7 per dollar on the onshore
settlement platform , 0.16 percent higher than its
previous close at 1,141.5.

** In offshore trading, the won was quoted at 1,139.9 per
U.S. dollar, while in one-year non-deliverable forward trading,
its one-month contract was quoted at 1,137.8 per
dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
was up 0.01 percent, after U.S. stocks mixed
. Japanese stocks fell 0.24 percent.
** The KOSPI rose 8.62 percent so far this year, and climbed 3.7
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
trillion won.
** The trading volume during the session on the KOSPI index
was 266.36 million shares and, of the total traded
issues of 894, the number of advancing shares was 332.
** The won lost 2.1 percent against the U.S dollar this year.

** In money and debt markets, June futures on three-year
treasury bonds rose 0.05 points to 109.39, while the
3-month Certificate of Deposit rate was quoted at 1.85 percent.

** The most liquid 3-year Korean treasury bond yield fell by 0.6
basis points to 1.763 percent, while the benchmark 10-year yield
dropped by 1.2 basis points to 1.917 percent.

(Reporting by Yuna Park, Editing by Sherry Jacob-Phillips)


2019-04-23 05:11:05

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