* KOSPI rises, foreigners internet patrons
* KOSPI rises, foreigners internet patrons
* Korean received strengthens towards U.S. greenback
* South Korea benchmark bond yield falls
SEOUL, Nov 16 (Reuters) – Spherical-up of South Korean monetary
markets:
** South Korean shares jumped on Monday, buoyed by the formation
of a regional commerce bloc and as airways surged on stories of
Hanjin Kal’s plans to purchase Asiana Airways. The received hit a close to
23-month excessive towards the greenback, whereas the benchmark bond yield
fell.
** By 0306 GMT, the benchmark KOSPI rose 47.16 factors,
or 1.89%, to 2,541.03.
** Fifteen Asia-Pacific economies shaped the world’s largest
free commerce bloc on Sunday, a China-backed deal that excludes the
United States, which had left a rival Asia-Pacific grouping
underneath President Donald Trump.
** Hanjin Kal , proprietor of Korean Air Strains Co Ltd
, is probably going to purchase Asiana Airways Inc ,
Yonhap mentioned.
** Shares of Asiana Airways Inc soared 28%, Korean
Air Strains Co Ltd rose 8.3%, and Hanjin Kal
gained 3.1%.
** Foreigners have been internet patrons of 198.2 billion received ($178.88
million) price of shares on the primary board.
** The received was quoted at 1,107.5 per greenback on the onshore
settlement platform , 0.73% larger than its earlier
shut at 1,115.6.
** South Korea’s finance ministry issued a warning towards
disorderly foreign money actions, because the received gained to an almost
23-month excessive towards the greenback.
** In offshore buying and selling, the received was quoted at 1,107.9 per
greenback, down 0.0% from the day before today, whereas in
non-deliverable ahead buying and selling its one-month contract
was quoted at 1,107.8.
** MSCI’s broadest index of Asia-Pacific shares exterior Japan
was up 0.45%,.
** The KOSPI has risen 15.62% up to now this 12 months, and gained 8.0%
within the earlier 30 buying and selling classes.
** The received has gained 4.4% towards the greenback up to now this 12 months.
** Essentially the most liquid 3-year Korean treasury bond yield rose by 0.1
foundation factors to 0.969%, whereas the benchmark 10-year yield fell
by 0.9 foundation factors to 1.618%.
($1 = 1,108.0000 received)
(Reporting by Cynthia Kim; Enhancing by Rashmi Aich)
(([email protected]; 822 3704 5655; Reuters
Messaging: [email protected]))
Key phrases: SOUTHKOREA MARKETS/MIDDAY
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