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South Korea: Stocks fall, won down on Thursday

[SEOUL] South Korea's Kospi stock index weakened on Thursday. The Korean won fell and bond yields fell.

At 01.08 GMT, the Kospi was down 0.34 points or 0.01 per cent at 2,556.13.

The won was quoted at 1,112.89 per US dollar, while in one-year non-deliverable forwards KRWNDFOR= it was changing at 1,109.45 per dollar.

MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.07 per cent, after US stocks ended the previous session with mild gains. Japanese stocks rose 0.08 per cent.

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The Kospi is up around 26.2 per cent so far this year, and up by 8.07 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 107,161,000 shares, and of the total traded issues of 870, the number of advancing shares was 335.

Foreigners were net buyers of 55.016 million won worth of shares.

The US dollar has fallen 7.74 per cent against the won this year. The won's high for the year is 1,107.3 per dollar on 27 March 2017 and low is 1,211.8 on January 3, 2017.

In money and debt markets, the benchmark 3-year Korean treasury bond yielded 2.121 per cent, lower than the previous day's 2.14 per cent.

REUTERS

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