March 28, 2016 / 6:16 AM / a month ago

S.Korean stocks, won end flat as trade deal optimism wanes

* KOSPI little changed, foreigners net sellers

* Korean won steady versus U.S. dollar

* South Korea benchmark bond yield edges up

* For the midday report, please click

SEOUL, Oct 15 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares and its currency ended flat on Tuesday as initial optimism over a possible trade deal between the United States and China faded. The benchmark bond yield rose slightly.

** The Seoul stock market’s main KOSPI closed up 0.78 points, or 0.04%, at 2,068.18, after trading in a narrow range.

** Skepticism grew around the partial deal between the United States and China, said Park Seok-hyun, an analyst at KTB Investment & Securities.

** China wants more talks as soon as the end of October to hammer out the details of the “phase one” trade deal outlined by U.S. President Donald Trump before Chinese President Xi Jinping agrees to sign it, Bloomberg reported.

** The Bank of Korea will likely deliver a rate-cut on Wednesday, with all but one of 31 analysts expecting a rate cut by 25 basis points to 1.25%.

** Foreigners were net sellers of 50.8 billion won ($42.88 million) worth of shares on the main board.

** The won was quoted at 1,185.2 per dollar on the onshore settlement platform, 0.03% lower than its previous close at 1,184.9.

** In offshore trading, the won was quoted at 1,184.8 per U.S. dollar, down 0.1% from the previous day, while in non-deliverable forward trading, its one-month contract was quoted at 1,183.9 per dollar.

** MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.02%, while U.S. stocks slipped . Japanese stocks rose 1.87%.

** The KOSPI has risen 1.33% so far this year, and gained 7.4% in the previous 30 trading sessions.

** The trading volume during the session in the KOSPI index was 456.81 million shares and, of the total traded issues of 888, the number of advancing shares was 464.

** The won has lost 5.9% against the dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds fell 0.02 points to 110.82, while the 3-month Certificate of Deposit rate was quoted at 1.55%.

** The most liquid 3-year Korean treasury bond yield fell by 0.2 basis points to 1.279%, while the benchmark 10-year yield rose by 0.1 basis points to 1.490%. ($1 = 1,184.6500 won) (Reporting by Hayoung Choi; editing by Uttaresh.V)

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