November 6, 2019 / 7:04 AM / 3 months ago

S.Korean stocks end flat as investors await trade clues

* KOSPI ends steady, foreigners net buyers

* Korean won inches higher versus U.S. dollar

* South Korea benchmark bond yield rises

* For the midday report, please click

SEOUL, Nov 6 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares gave up early gains to end flat on Wednesday, as investors awaited fresh developments on trade talks between the United States and China. The Korean won and the benchmark bond yield rose.

** Without a new momentum to drive the KOSPI’s further rise, the upward pressure was limited, said Lee Kyoung-min, an analyst from Daishin Securities.

** The Seoul stock market’s main KOSPI closed up 1.51 points, or 0.07%, at 2,144.15, and posted its fifth straight session of gains. In early trade, the index rose as much as 0.6% to touch its highest level since May 9.

** The United States and China are working to narrow their differences enough to sign a “phase one” trade deal as early as this month, but suggestions for a signing venue range from Alaska to Greece.

** Foreigners were net buyers of 236.0 billion won ($204.13 million) worth of shares on the main board. They were net buyers for the sixth consecutive session.

** The won was quoted at 1,156.9 per dollar on the onshore settlement platform, 0.05% higher than its previous close at 1,157.5.

** In offshore trading the won was quoted at 1,156.2 per U.S. dollar, unchanged from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,156.4 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.12%, and U.S. stocks were mixed overnight. Japanese stocks rose 0.22%.

** The KOSPI has risen 5.05% so far this year, and has gained 2.4% in the last 30 trading sessions.

** The trading volume during the session in the KOSPI index was 402.50 million shares and, of the total traded issues of 904, the number of advancing shares was 461.

** The won has lost 3.6% against the dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds rose 0.01 points to 109.97, while the 3-month Certificate of Deposit rate was quoted at 1.49% in late afternoon trade.

** The most liquid 3-year Korean treasury bond yield rose by 1.0 basis points to 1.534% in late afternoon trade, while the benchmark 10-year yield rose by 0.8 basis points to 1.825%. ($1 = 1,156.1500 won) (Reporting by Hayoung Choi)

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