March 31, 2016 / 6:21 AM / 3 months ago

S.Korean stocks retreat on China growth woes; up for week

* KOSPI turns lower, foreigners net sellers

* Korean won strengthens versus U.S. dollar

* South Korea benchmark bond yield rises

* For the midday report, please click

SEOUL, Oct 18 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares retreated on Friday as China’s weak growth data dampened the optimism from a divorce deal between the UK and the European Union. The Korean won and the benchmark bond yield rose.

** China’s third-quarter economic growth slowed more than expected and to its weakest pace in almost three decades as the bruising U.S. trade war hit factory production, boosting the case for Beijing to roll out fresh support.

** The Seoul stock market’s main KOSPI closed down 17.25 points, or 0.83%, at 2,060.69. For the week, the index climbed 0.79%, marking its second straight week of gains.

** The KOSPI sharply turned lower as China posted a 6% growth in the third quarter, missing the forecast, said Lee Kyoung-min, an analyst from Daishin Securities. In early trade, the markets had edged up on reduced worries over Brexit and China’s better-than-expected industrial output data, Lee noted.

** Foreigners were net sellers of 141.8 billion won ($120.07 million) worth of shares on the main board.

** The won was quoted at 1,181.5 per dollar on the onshore settlement platform, 0.47% higher than its previous close at 1,187.0. The currency rose 0.62% from a week ago, logging its third consecutive week of gains.

** In offshore trading, the won was quoted at 1,181.3 per U.S. dollar, down 0.2% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,179.6 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.27%, after U.S. stocks closed higher . Japanese stocks rose 0.18%.

** The KOSPI has risen 0.96% so far this year, and gained 5.6% in the previous 30 trading sessions.

** Around 499.6 million shares were traded during the session on the KOSPI index. Of the total 896 traded issues, 381 shares advanced.

** The won has lost 5.6% against the dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds was unchanged at 110.47, while the 3-month Certificate of Deposit rate was quoted at 1.36%.

** The most liquid 3-year Korean treasury bond yield rose by 0.6 basis points to 1.378%, while the benchmark 10-year yield rose by 0.7 basis points to 1.583%.

$1 = 1,180.9300 won Reporting by Hayoung Choi; Editing by Rashmi Aich

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