November 11, 2019 / 2:13 AM / 10 days ago

S.Korea stocks, won decline on trade deal worries

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

    SEOUL, Nov 11 (Reuters) - Round-up of South Korean financial
markets:
        
** South Korean shares dropped on Monday as U.S. President
Donald Trump's comments last week triggered doubts about trade
deal with China. The won weakened, while the benchmark bond
yield rose.
    
** As of 0209 GMT, the Seoul stock market's main KOSPI        
fell 16.36 points, or 0.77%, to 2,120.87.
    
** President Trump on Friday said he has not agreed to rollback
of U.S. tariffs sought by China, sparking fresh doubts about
when the world's two largest economies may end a 16-month trade
war that has slowed global growth.             
    
** South Korean markets have suffered the most by the trade war
and its markets had rallied recently over trade optimism, said
Noh Dong-kil an analyst at NH Investment & Securities. 
    
** Adding to the uncertainty was President Trump saying that
talks with China were moving along "very nicely", but the United
States would only make a deal with Beijing if it was the right
deal for America.             
        
** Foreigners were net sellers of 53.8 billion won ($46.33
million) worth of shares on the main board. 
    
** The won was quoted at 1,160.7 per dollar on the onshore
settlement platform           , 0.28% lower than its previous
close at 1,157.5.
    
** In offshore trading, the won        was quoted at 1,161.4 per
U.S. dollar, down 0.2% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,160.4 per dollar.
    
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.48%, while U.S. stocks closed up on
Friday            . Japanese stocks         fell 0.04%.
    
** The KOSPI has risen 3.95% so far this year, and gained 3.1%
in the previous 30 trading sessions.
    
** The trading volume during the session in the KOSPI        
was 218.03 million shares and, of the total traded issues of
896, the number of advancing shares was 225.
    
** The won has lost 3.9% against the dollar so far this year.
    
** In money and debt markets, December futures on three-year
treasury bonds         fell 0.09 points to 109.88, while the
3-month Certificate of Deposit rate was quoted at 1.52% in late
afternoon trade.
    
** The most liquid 3-year Korean treasury bond yield rose by 2.3
basis points to 1.542% in late afternoon trade, while the
benchmark 10-year yield rose by 3.7 basis points to 1.842%.

($1 = 1,161.3300 won)

 (Reporting by Hayoung Choi; editing by Uttaresh.V)
  
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