October 30, 2019 / 2:52 AM / 18 days ago

S.Korea stocks fall on caution ahead of Fed meeting, trade deal delay

    * KOSPI drops, foreigners sell
    * Korean won weakens against USD
    * South Korea benchmark bond yields fall

    SEOUL, Oct 30 (Reuters) - Round-up of South Korean financial
markets:
    
South Korean shares slid on Wednesday as investors were cautious
about a possible delay in the "phase one" of U.S.-China trade
deal and as they awaited the Federal Reserve's rate decision.
Both the Korean won and the benchmark bond yields also fell.
    
** Reuters reported on Tuesday that a U.S. administration
official said an interim trade agreement between Washington and
Beijing might not be completed in time for signing in Chile next
month as expected. But the official added that it did not mean
the accord was falling apart.             

** The report came a day after the U.S. President Donald Trump
said on Monday he expected to sign a significant part of the
trade deal with China ahead of next month's summit in Chile.
            
    
** As of 0223 GMT, the benchmark KOSPI stock index         fell
9.18 points, or 0.44%, to 2,083.51.
    
** Foreigners were net sellers of 22.7 billion won ($19.43
million) worth of shares on the main board.
    
** The won was quoted at 1,168.7 per dollar on the onshore
settlement platform           , 0.49% lower than its previous
close at 1,163.0.
    
** In offshore trading, the won        was quoted at 1,167.6 per
U.S. dollar, down 0.0% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,166.7 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.33%, after U.S. stocks ended lower
overnight            . Japanese stocks         fell 0.27%.
    
** The KOSPI has risen 2.08% so far this year, and gained 2.1%
in the previous 30 trading sessions.
    
** The trading volume during the session in the KOSPI index
        was 221.23 million shares and, of the total traded
issues of 898, the number of advancing shares was 251.
    
** The won has lost 4.5% against the U.S dollar so far this
year.
    
** In money and debt markets, December futures on three-year
treasury bonds         rose 0.05 points to 110.12.
    
** The most liquid 3-year Korean treasury bond yield fell by 3.0
basis points to 1.471%, while the benchmark 10-year yield fell
by 3.9 basis points to 1.744%.


($1 = 1,168.2000 won)

 (Reporting by Joori Roh; Editing by Rashmi Aich)
  
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