November 19, 2019 / 1:50 AM / 20 days ago

S.Korea stocks, won decline on worries over China-U.S. trade deal

    * KOSPI falls as much as 1.1%, foreigners net sellers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, Nov 19 (Reuters) - Round-up of South Korean financial
** South Korean shares dropped more than 1% early on Tuesday
after a report said mood in Beijing about a trade deal with
Washington was pessimistic, renewing doubts on the level of
progress in tariff negotiations. The won and the benchmark bond
yield fell.
** Chinese officials were troubled by U.S. President Donald
Trump's reluctance to roll back tariffs, which China believed
the United States had agreed to, CNBC reported, quoting a
government source.                                              
** The CNBC story weighed on markets, said Park Seok-hyun, an
analyst at KTB Investment & Securities. 
** As of 0143 GMT, the Seoul stock market's main KOSPI        
was down 17.11 points, or 0.79%, at 2,143.58, after falling as
much as 1.1% in early trade. 
** Foreigners were net sellers of 43.6 billion won ($37.30
million) worth of shares on the main board. 
** The won was quoted at 1,169.7 per dollar on the onshore
settlement platform           , 0.44% lower than its previous
close at 1,164.5.
** In offshore trading, the won        was quoted at 1,169.1 per
U.S. dollar, down 0.2% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,168.2 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.33%, after U.S. stocks closed up
marginally            . Japanese stocks         fell 0.55%.
** The KOSPI has risen 4.88% this year, and gained 6.9% in the
previous 30 trading sessions.
** The trading volume during the session in the KOSPI index
        was 277.90 million shares and, of the total traded
issues of 898, the number of advancing shares was 172.
** The won has lost 4.6% against the dollar this year.
** In money and debt markets, December futures on three-year
treasury bonds         rose 0.10 point to 110.16, while the
3-month Certificate of Deposit rate was quoted at 1.53%.
** The most liquid 3-year Korean treasury bond yield fell by 3.0
basis points to 1.488%, while the benchmark 10-year yield fell
by 5.3 basis points to 1.729%.
($1 = 1,168.9000 won)

 (Reporting by Hayoung Choi; Editing by Subhranshu Sahu)
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