Seoul: Stocks edge up, won wobbles

[SEOUL] South Korea's KOSPI stock index rose on Nov 3 2017. The Korean won rose while bond yields fell. At 0102 GMT, the KOSPI was up 2.04 points or 0.08 per cent at 2,548.40.

The won was quoted at 1,112 per US dollar, compared with Thursday's close of 1,111.35, while in one-year non-deliverable forwards it was being transacted at 1,108.32 per dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.06 per cent, after US stocks ended the previous session with mild gains . The KOSPI is up around 25.7 per cent so far this year, and up by 7.89 per cent in the previous 30 days.

The current price-to-earnings ratio is 12.10, the dividend yield is 1.28 per cent and the market capitalisation is 1,242.04 trillion won.

The intraday trading volume on the KOSPI index was 105,733,000 shares, and of the total traded issues of 869, the number of advancing shares was 447.

The US dollar has fallen 7.81 per cent against the won this year. The won's high for the year is 1,107.3 per dollar on March 27, 2017 and low is 1,211.8 on Jan 3, 2017.

In money and debt markets, the benchmark three-year Korean treasury bond yielded 2.106 per cent, lower than the previous day's 2.13 per cent.

REUTERS