January 6, 2020 / 7:10 AM / 13 days ago

S.Korean stocks end lower as Middle East tensions hit risk appetite

* KOSPI shrinks 1%, foreigners net buyers

* Korean won weakens versus U.S. dollar

* South Korea benchmark bond yield slips

* For the midday report, please click

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

** South Korean stocks closed down nearly 1% on Monday after the United States and Iran exchanged threats, fuelling a rush to safe-haven assets. The won and the benchmark bond yield dropped.

** The KOSPI fell 21.39 points, or 0.98%, to 2,155.07 — its lowest close since Dec. 12.

** The Middle East issue was the major factor, said Park Seok-hyun, an analyst at KTB Securities. A rise of oil prices might weigh on private consumption, he added.

** U.S. President Donald Trump threatened to impose sanctions on Iraq and retaliate against Iran if it strikes back after the killing of its top commander. His threat against Iraq comes after its parliament voted in favour of expelling U.S. troops.

** Foreigners were net buyers of 99.1 billion won ($84.56 million) worth of shares on the main board.

** The won was quoted at 1,172.1 per dollar on the onshore settlement platform, 0.43% lower than its previous close at 1,167.1.

** In offshore trading, the won was quoted at 1,171.8 per U.S. dollar, down 0.6% from the previous day, while in non-deliverable forward trading, its one-month contract was quoted at 1,170.0 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1% after U.S. stocks dipped on Friday . Japanese stocks closed down 1.91%.

** The KOSPI has fallen 1.94% so far this year, but gained 1.1% in the previous 30 trading sessions.

** The trading volume during the session on the KOSPI index was 587.47 million shares and, of the total traded issues of 909, the number of advancing shares was 99.

** The won has lost 1.3% against the dollar so far this year.

** In money and debt markets, March futures on three-year treasury bonds fell 0.04 points to 110.79, while the 3-month Certificate of Deposit rate was quoted at 1.50% in late afternoon trade.

** The most liquid 3-year Korean treasury bond yield rose by 0.3 basis points to 1.272% in late afternoon trade, while the benchmark 10-year yield fell by 2.0 basis points to 1.532%. ($1 = 1,171.9900 won) (Reporting by Hayoung Choi; editing by Uttaresh.V)

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