May 16, 2018 / 6:57 AM / in 5 months

S.Korean won skids on renewed North Korea tensions; stocks flat

* KOSPI index barely rises, foreigners sell

* Korean won falls versus U.S. dollar

* South Korea bond yields down

SEOUL, May 16 (Reuters) - Round-up of South Korean financial markets:

** The South Korean won fell after North Korea threatened to cancel a summit with the United States and scrapped planned inter-Korea talks on Wednesday, casting doubts over its pledge to denuclearize the Korean peninsula. The Kospi index remained flat. ** At 06:32 GMT, the KOSPI was up 1.28 points, or 0.05 percent, at 2,459.82. Tech shares traded higher, with Samsung Electronics rising 1.32 percent and LG Electronics edging up 0.31 percent. Steelmakers fell, with POSCO declining 2 percent and Hyundai Steel down 5.8 percent. ** The won was quoted at 1,077.6 per dollar on the onshore settlement platform, 0.35 percent weaker than its previous close at 1,073.8. ** In offshore trading, the won was quoted at 1,076.99 per U.S. dollar, up 0.28 percent from the previous day, while in one-year non-deliverable forwards it was being transacted at 1,061.3 per dollar. ** MSCI’s broadest index of Asia-Pacific shares outside Japan was down 0.25 percent, after U.S. stocks ended the previous session with mild losses. Japanese stocks weakened 0.44 percent. ** The KOSPI is down around 0.4 percent so far this year, and up by 0.52 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 658,999,000 shares and, of the total traded issues of 884, the number of advancing shares was 196. ** Foreigners were net sellers of 4,939 million won worth of shares. ** The U.S dollar has risen 1 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 rose 0.04 points to107.49. ** The Korean 3-month Certificate of Deposit benchmark rate was quoted at 1.65 percent compared with a previous close of 1.65 percent, while the benchmark 3-year Korean treasury bond yielded 2.30 percent, lower than the previous day’s 2.31 percent. (Reporting by Cynthia Kim; Editing by Subhranshu Sahu)

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