March 11, 2019 / 2:17 AM / 6 months ago

S.Korea stocks slide on bleak U.S. jobs data; won gains

    * KOSPI index falls, foreigners sell
    * Korean won rises against USD
    * South Korea benchmark bond yields rise

    SEOUL, March 11 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         edged lower on Monday
as weak U.S. employment data heightened concerns of a sharp
slowdown in global economic activity. The Korean won gained,
while the benchmark bond yield also climbed.

** As of 0155 GMT, the benchmark KOSPI index was down 3.11
points or 0.15 percent at 2,134.33 points. The index was poised
to extend its losing streak to a seventh session.
** The meagre payroll gains reported by the Labor Department on
Friday were the weakest since September 2017, with a big drop in
the weather-sensitive construction industry. They also reflected
a decline in hiring by retailers and utility companies as well
as the transportation and warehousing sector, which is
experiencing a shortage of drivers.             
** China and the United States are still working day and night
to achieve a trade deal that matches the interests of both sides
and the hopes of the world, including eliminating tit-for-tat
tariffs, a senior Chinese official said on Saturday.
** Comments from the Chinese Vice Commerce Minister Wang Shouwen
came after White House trade adviser Clete Willems said on
Friday that the U.S. administration officials have not made any
new plans to send a team to China for face-to-face trade talks
though there is much work left to be done to reach a deal.
** Foreigners were net sellers of 59.6 billion won worth of
shares on the main board. 
** The won was quoted at 1,135.1 per dollar on the onshore
settlement platform           , 0.10 percent higher than its
previous close at 1,136.2, set to snap the previous seven
straight sessions of loss.
** In offshore trading, the won        was quoted at 1,133.4 per
U.S. dollar, down 0.0 percent from the previous day, while in
one-year non-deliverable forward trading its one-month contract
              was quoted at 1,132.1 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.13 percent, after U.S. stocks ended the
previous session with mild losses            . Japanese stocks
        rose 0.47 percent.
** The KOSPI climbed 4.57 percent so far this year, and rose 0.6
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 115.87 million shares and, of the total traded
issues of 894, the number of advancing shares was 211.
** The won lost 1.7 percent against the U.S dollar this year.
** In money and debt markets, March futures on three-year
treasury bonds         dipped 0.01 points to 109.24, while the
3-month Certificate of Deposit rate was quoted at 1.89 percent.
** The most liquid 3-year Korean treasury bond yield rose by 0.6
basis points to 1.808 percent, while the benchmark 10-year yield
climbed by 0.9 basis points to 1.982 percent.

 (Reporting by Joori Roh, Editing by Sherry Jacob-Phillips)
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