May 13, 2019 / 1:51 AM / 3 months ago

S.Korea stocks hit 4-month low on trade talk anxiety; won down

    * KOSPI index falls 0.8%, foreigners net sellers
    * Korean won drops versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, May 13 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korea's KOSPI stock index         stumbled on Monday
marking the lowest since Jan. 15, as growing uncertainties over
the Sino-U.S. trade deal kept hammering the market. The Korean
won also weakened, hovering near its lowest level since January
2017, and the benchmark bond yield fell.
    
** As of 0140 GMT, Seoul stock market's main KOSPI fell 17.24
points, or 0.82 percent, to 2,090.80.
    
** The United States and China appeared at a deadlock over trade
negotiations on Sunday as Washington demanded promises of
concrete changes to Chinese law and Beijing said it would not
swallow any "bitter fruit" that harmed its interests.
            
    
** Foreigners were net sellers of 34.5 billion won ($29.22
million) worth of shares on the main board. 
    
** The won was quoted at 1,180.2 per dollar on the onshore
settlement platform           , 0.27 percent lower than its
previous close at 1,177.0. 
    
** In offshore trading, the won        was quoted at 1,180.5 per
U.S. dollar, down 0.5 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
              was quoted at 1,178.9 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.35 percent, after U.S. stocks closed
up, snapping losing streak after Trump's remarks            .
Japanese stocks         fell 0.60 percent.
    
** The KOSPI has risen 2.63 percent so far this year, and fell
1.8 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 209.55 million shares and, of the total traded
issues of 891, the number of advancing shares was 300.
    
** The won has lost 5.5 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 by 0.2
basis points to 1.717 percent, while the benchmark 10-year yield
fell by 0.3 basis points to 1.869 percent.


($1 = 1,180.6000 won)

 (Reporting by Hayoung Choi; Editing by Rashmi Aich)
  
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