December 2, 2019 / 3:34 AM / 7 days ago

S.Korea stocks rise on upbeat China factory activity data

    * KOSPI rises, foreigners net sellers
    * Korean won strengthens versus U.S. dollar
    * South Korea benchmark bond yield rises

    SEOUL, Dec 2 (Reuters) - Late morning round-up of South
Korean financial markets:    

South Korean shares bounced back on Monday after data showed
China's factory activity unexpectedly returned to growth in
November, although gains were capped due to fresh uncertainty
around Sino-U.S. trade deal. The won and the benchmark bond
yield rose.

** By 0244 GMT, the Seoul stock market's main KOSPI         rose
9.96 points, or 0.48%, to 2,097.92. 
** China's official data showed on Saturday the Purchasing
Managers' Index (PMI) on its manufacturing sector bounced back
to 50.2 in November, its highest since March and above the
50-point mark that separates growth from contraction.
** For traders, the upbeat China report eclipsed South Korean
data that showed on Sunday the country's exports in November
fell for the 12th month in a row and far more than expected.
** A trade deal between United States and China was now "stalled
because of Hong Kong legislation", news website Axios reported
on Sunday, citing a source close to U.S. President Donald
Trump's negotiating team.
** Foreigners were net sellers of 74.8 billion won worth of
shares on the main board. 
** The won was quoted at 1,178.4 per dollar on the onshore
settlement platform           , 0.24% higher than its previous
close at 1,181.2.
** In offshore trading, the won        was quoted at 1,178.2 per
U.S. dollar, up 0.2% from the previous day, while in
non-deliverable forward trading, its one-month contract
              was quoted at 1,177.0 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.51%.            . Japanese stocks
        gained 1.11%.
** The KOSPI has risen 2.79% so far this year, and gained 1.3%
in the previous 30 trading sessions.
** The trading volume during the session on the KOSPI index
        was 213.11 million shares and, of the total traded
issues of 904, the number of advancing shares was 366.
** The won has lost 5.3% against the dollar so far this year.
** In money and debt markets, December futures on three-year
treasury bonds         fell 0.08 point to 110.38, while the
3-month Certificate of Deposit rate was quoted at 1.53%.
** The most liquid 3-year Korean treasury bond yield rose by 2.8
basis points to 1.412%, while the benchmark 10-year yield rose
by 4.6 basis points to 1.673%.

 (Reporting by Choonsik Yoo; editing by Uttaresh.V)
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