May 8, 2019 / 2:11 AM / 17 days ago

S.Korea stocks fall as trade tensions dampen risk appetite; won slips

    * KOSPI index falls, foreigners net buyers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield falls

    Seoul, May 8 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korea's KOSPI stock index         fell on Wednesday as
China-U.S. trade tensions escalated, driving investors away from
risk-assets. The Korean won weakened, and the benchmark bond
yield fell.
 
** The Seoul stock market's main KOSPI fell 10.80 points or 0.50
percent to 2,166.19 as of 0149 GMT.
 
** Foreigners were net buyers of 16.4 billion won worth of
shares on the main board. 

** Chinese Vice Premier Liu He will travel to Washington for two
days of trade talks this week, setting up a last-ditch bid for a
deal that would avoid a sharp increase in tariffs on Chinese
goods ordered by U.S. President Donald Trump.             
** The won was quoted at 1,171.4 per dollar on the onshore
settlement platform           , 0.42 percent lower than its
previous close at 1,166.5.
 
** In offshore trading, the won        was quoted at 1,170.7 per
U.S. dollar, up 0.1 percent from the previous day, while in
one-year 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
                slipped 0.61 percent, after U.S. stocks fell
           . Japanese stocks         shed 1.56 percent.
    
** The KOSPI has risen 6.13 percent so far this year, and fallen
0.5 percent in the previous 30 trading sessions.
    
** 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 224.16 million shares and, of the total traded
issues of 890, the number of advancing shares was 273.
    
** The won has lost 4.8 percent against the U.S dollar this
year.
    
** In money and debt markets, June futures on three-year
treasury bonds         rose 0.03 points to 109.53, while the
3-month Certificate of Deposit rate was quoted at 1.84 percent.
    
** The most liquid 3-year Korean treasury bond yield fell 0.8
basis points to 1.715 percent, while the benchmark 10-year yield
lost 1.1 basis points to 1.874 percent. 

 (Reporting by Yuna Park; Editing by Shreejay Sinha)
  
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