* KOSPI index drops, foreigners net sellers
* Korean won little changed vs U.S. dollar
* South Korea benchmark bond yield steady
* For the midday report, please click
SEOUL, Aug 7 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares fell for a sixth straight session on Wednesday, as worries over U.S.-China trade war persisted, but the losses were capped by China’s move to stabilise the yuan. The Korean won barely moved and the benchmark bond yield was unchanged.
** Sentiment has recovered slightly after sharp falls early this week, but it’s hard to expect a rebound for a while, said Na Jeong-hwan, an analyst at DS Investment & Securities. Unless Washington gives favourable signs about its trade negotiation with Beijing, the market would rangebound, he added.
** The Seoul stock market’s main KOSPI ended down 7.80 points or 0.41% at 1,909.70.
** South Korea’s policymakers said they stood ready to take steps to curb any herd behaviour in the market and would consider cutting interest rates again if needed.
** Signs that China is stepping in to steady the yuan after its recent sharp fall also helped ease investors’ fears of a possible global currency war, though the yuan slipped further in morning trade, keeping markets guessing.
** Foreigners were net sellers of 97.7 billion won ($80.44 million) worth of shares on the main board.
** The won was quoted at 1,214.9 per dollar on the onshore settlement platform, 0.03% higher than its previous close at 1,215.3.
** In offshore trading, the won was quoted at 1,214.6 per U.S. dollar, down 0.2% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,213.7 per dollar.
** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.08%, after U.S. stocks climbed. Japanese stocks fell 0.33%.
** The KOSPI has fallen 6.43% so far this year, and lost 9.6% in the previous 30 trading sessions.
** The current price-to-earnings ratio is 12.10, the dividend yield is 1.28% and the market capitalisation is 1,242.04 trillion won.
** The trading volume during the session in the KOSPI index was 752.71 million shares and, of the total traded issues of 891, the number of advancing shares was 530.
** The won has lost 8.2% against the U.S dollar so far this year.
** In money and debt markets, September futures on three-year treasury bonds rose 0.03 point to 111.33, while the 3-month Certificate of Deposit rate was quoted at 1.49%.
** The most liquid 3-year Korean treasury bond yield fell by 0.7 basis point to 1.156%, while the benchmark 10-year yield was flat at 1.256%.
$1 = 1,214.5300 won Reporting by Hayoung Choi; Editing by Shounak Dasgupta