S.Korea stocks rebound on brisk U.S. data

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

SEOUL, April 19 (Reuters) - Round-up of South Korean
financial markets:

** South Korea's KOSPI stock index rebounded on Friday
after a loss in previous session, as investor sentiment improved
following robust U.S. economic data and brisk corporate earnings
reports. The Korean won held steady while the benchmark bond
yield rose.

** As of 0206 GMT, the Seoul stock market's main KOSPI index
rose 5.19 points or 0.23 percent to 2,218.96. For the week, the
index is seen shrinking about 0.6 percent.

** U.S. retail sales increased by the most in 1-1/2 years in
March as households boosted purchases of motor vehicles and a
range of other goods, the latest indication that economic growth
picked up in the first quarter after a false start.

** The initial earnings results of this reporting period are
beating expectations by a wide margin, suggesting to some
investors that the S&P 500 may be able to avoid a so-called
"profit recession" this year because predicted economic bad news
has failed to materialize.

** Foreigners were net buyers of 10.4 billion won worth of
shares on the main board.

** The won was quoted at 1,136.9 per dollar on the onshore
settlement platform , unchanged from its previous

** In offshore trading, the won was steady at 1,136.5 per
U.S. dollar, while in one-year non-deliverable forward trading
its one-month contract was quoted at 1,136.0 per

** MSCI's broadest index of Asia-Pacific shares outside Japan
was up 0.08 percent, after U.S. stocks closed in
positive territory . Japanese stocks rose
0.56 percent.

** The KOSPI has risen 8.68 percent so far this year, and has
gained 2.2 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 181.80 million shares and, of the total traded
issues of 892, the number of advancing shares was 506.

** The won has lost 1.9 percent against the U.S dollar this

** In money and debt markets, June futures on three-year
treasury bonds fell 0.03 points to 109.44, while the
3-month Certificate of Deposit rate was quoted at 1.86 percent.

** The most liquid 3-year Korean treasury bond yield rose by 1.3
basis points to 1.753 percent, while the benchmark 10-year yield
increased 1.5 basis points to 1.907 percent.

(Reporting by Hayoung Choi; Editing by Shreejay Sinha)

2019-04-19 04:14:34

© 2019 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.