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South Korea: Stocks rise, won down

[SEOUL] South Korea's Kospi stock index rose on Wednesday. The Korean won fell while bond yields rose.

At 01.13 GMT, the KOSPI was up 1.82 points or 0.07 per cent at 2,547.26.

The won was quoted at 1,114.5 per US dollar, down 0.14 per cent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,111.05 per dollar.

The won was quoted at 1,114.8 per dollar on the onshore settlement platform , where it ended the previous session at 1,111.9.

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The Kospi is up around 25.6 per cent so far this year, and up by 5.26 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 trading volume during the session on the Kospi index was 72,823,000 shares, and of the total traded issues of 867, the number of advancing shares was 327.

Foreigners were net buyers of 23,935 million won worth of shares.

The US dollar has fallen 7.61 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 January 3 2017.

In money and debt markets, December futures on three-year treasury bonds fell 0.06 points to107.9.

REUTERS

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