April 4, 2016 / 6:20 AM / 22 days ago

S.Korean stocks end higher on progress in U.S.-China trade talks

* KOSPI rises over 1%, foreigners net buyers

* Korean won strengthens versus U.S. dollar

* South Korea benchmark bond yield falls

* For the midday report, please click

SEOUL, Oct 22 (Reuters) - Round-up of South Korean financial markets: ** South Korean shares closed over 1% higher on Tuesday as optimism around U.S.-China trade talks boosted risk appetite. The won gained, while the benchmark bond yield fell.

** China and the United States have achieved some progress in their trade talks, Vice Foreign Minister Le Yucheng said, adding that as long as both sides respected each other, no problem could not be resolved. ** U.S. President Donald Trump sounded upbeat on a China deal on Monday, while White House adviser Larry Kudlow said tariffs on Chinese goods scheduled for December could be withdrawn if talks go well.

** The KOSPI ended up 24.02 points, or 1.16%, at 2,088.86. During the session, the index rose to its highest since Sept. 25.

** The medical sub-index was the biggest percentage gainer, rising 2.6%. Shares of Celltrion surged 5.2% after the drugmaker announced clinical research results about its biosimilar Remsima SC, said Lee Kyoung-min, an analyst from Daishin Securities.

** Foreigners were net buyers of 76.3 billion won ($65.27 million) worth of shares on the main board.

** The won was quoted at 1,169.7 per dollar on the onshore settlement platform, 0.20% higher than its previous close at 1,172.0.

** In offshore trading, the won was quoted at 1,169.0 per U.S. dollar, up 0.3% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,169.0 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.48%, after U.S. stocks closed firmer .

** The KOSPI has risen 2.34% so far this year, and gained 5% in the previous 30 trading sessions.

** The trading volume during the session in the KOSPI index was 495.95 million shares and, of the total traded issues of 896, the number of advancing shares was 492.

** The won has lost 4.6% against the dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds rose 0.11 points to 110.42, while the 3-month Certificate of Deposit rate was quoted at 1.36%.

** The most liquid 3-year Korean treasury bond yield fell by 2.6 basis points to 1.381%, while the benchmark 10-year yield fell by 0.4 basis points to 1.655%.

$1 = 1,168.9700 won Reporting by Hayoung Choi; editing by Uttaresh.V

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