May 30, 2018 / 6:53 AM / 5 months ago

S.Korean stocks, won fall on renewed U.S.-China tensions, Italy turmoil

* KOSPI index slumps, foreigners sell

* Korean won falls versus U.S. dollar

* South Korea bond yields up

SEOUL, May 30 (Reuters) - Round-up of South Korean financial markets: ** South Korea’s KOSPI stock index and the won fell on Wednesday as the renewal of trade tensions between the United States and China, and Italy’s political turmoil hurt investor sentiment. Bond yields rose. ** At 06:30 GMT, the KOSPI was down 48.22 points, or 1.96 percent, at 2,409.03. Market heavyweight Samsung Electronics dropped 3.5 percent on report Samsung Life Insurance plans to sell part of its shares in Samsung Electronics. ** The won was quoted at 1,080.9 per dollar on the onshore settlement platform, 0.38 percent weaker than its previous close at 1,076.8. ** In offshore trading, the won was quoted at 1,080.11 per U.S. dollar, up 0.3 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,063.65 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 1.35 percent, after U.S. stocks ended the previous session with mild losses. Japanese stocks weakened 1.52 percent. ** The KOSPI is down around 0.4 percent so far this year, and down by 0.60 percent in the previous 30 days. ** The current price-to-earnings ratio is 12.10, the dividend yield is 1.28 percent and the market capitalisation is 1,242.04 trillion won. ** The trading volume during the session on the KOSPI index was 565,116,000 shares and, of the total traded issues of 884, the number of advancing shares was 222. ** Foreigners were net sellers of 655,946 million won worth of shares. ** The U.S dollar has risen 1.29 percent against the won this year. The won’s high for the year is 1,053.55 per dollar on April 2, 2018 and low is 1,098.4 on Feb. 6, 2018. ** In money and debt markets, June futures on three-year treasury bonds fell 0.02 points to 107.88. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent, compared with the previous close of 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.196 percent, higher than the previous day’s 2.19 percent. (Reporting by Cynthia Kim; Editing by Subhranshu Sahu)

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