September 19, 2018 / 2:02 AM / 7 months ago

S.Korea stocks, won fall as China retaliates against U.S. tariffs

    * KOSPI index inches down, foreigners buy
    * Korean won falls versus U.S. dollar
    * South Korea bond yields up

    SEOUL, Sept 19 (Reuters) - Round-up of South Korean
financial markets:
** South Korea's KOSPI stock index         and the won edged
down on Wednesday after China said on Tuesday that it has no
option but to retaliate against fresh U.S. tariffs, which dented
investor sentiment. China's finance ministry late on Tuesday
said it will levy tariffs on about $60 billion worth of U.S.
goods in retaliation for the latest round of U.S. tariffs on
Chinese products, as previously planned, but has reduced the
level of tariffs that it will collect on the products.
** At 01:32 GMT, the KOSPI was down 5.03 points or 0.22 percent
at 2,303.95.
** The won was quoted at 1,124.5 per dollar on the onshore
settlement platform           , 0.12 percent weaker than its
previous close of 1,123.2. 
** In offshore trading, the won        was quoted at 1,124.25
per U.S. dollar, down 0.22 percent from the previous day, while
in one-year non-deliverable forwards             it was being
transacted at 1,107.15 per dollar. 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.23 percent, after U.S. stocks ended the
previous session with mild gains            . Japanese stocks
        rose 1.43 percent. 
** The KOSPI is down around 6.4 percent so far this year, and up
by 0.98 percent in the previous 30 days.
** 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 92,661,000 shares and, of the total 891 traded
issues, the number of advancing shares was 288.
** Foreigners were net buyers of 21,168 million won worth of
** The U.S dollar has risen 5.43 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2 and the low is 1,140.4 on July 19.
** In money and debt markets, December futures on three-year
treasury bonds         fell 0.07 point to 108.42.
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.65 percent, while the benchmark 3-year Korean
treasury bond yielded 1.993 percent, higher than the previous
day's 1.99 percent.

 (Reporting by Joori Roh; Editing by Sunil Nair)
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