Seoul: Shares have gained ground on favorable US jobs, Stocks



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Mon, 09 Jul 2018 – 16:04

[SEOUL] The South Korean KOSPI stock index and the won rose on Monday as data on US jobs released on Friday eased concerns over market hikes. faster rates from the Federal Reserve. South Korean bond yields have also risen.

At 06:32 GMT, the KOSPI was up 12.93 points or 0.57% to 2,285.80. Technology giant Samsung Electronics climbed to 2.7%, hitting its highest intraday level since July 5, while the subindex of electricity and electronics was up 1 , 8%. favorable to conservatory measures proposed by the European Commission to limit steel imports in the bloc, following the US decision to impose tariffs on steel and steel; 39, aluminum from the EU. The sub-index of iron, steel and metals fell 2.4% while Posco and Hyundai Steel lost 2.4% and 4.6% respectively.

The won was 1,112.2 per dollar on the platform In 1965, the won was quoted at 1,111.05 per US dollar, up 0.33%, while for non-deliverable futures year, it was $ 1,096.05 per dollar. .

The widest index in the Asia Pacific MSCI region outside Japan rose 1.34% after US stocks ended the previous session with moderate gains. Japanese equities rose 1.21%.

The KOSPI is down 7.9% since the beginning of the year and 8.05% in the last 30 days. ** The current price / earnings ratio is 12.10, the dividend yield is 1.28% and the market capitalization is 1,242.04 billion won.

The trading volume on the KOSPI index was 349,047,000 shares and out of the total traded trades of 887, the number of shares in progress was 331. Foreigners were net sellers of 59,088 million won of shares. ** The US dollar rose 4.19% against the Won this year. The highest of the year is $ 1,053.55 for $ 2 on April 2, 2018 and $ 1,125.17 for June 27, 2018. ** On the money and debt markets, September on three-year bonds lose 0.01 point to 108.13. ** The reference rate of the Korean three-month deposit certificate was 1.65%, while the Korean 3-year reference loan yielded 2.107%, more than the 2.11% of the eve

REUTERS

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