November 7, 2019 / 1:46 AM / 3 months ago

S.Korean stocks dip on worries over trade deal delay

    * KOSPI edges down, foreigners net sellers
    * Korean won weakens versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, Nov 7 (Reuters) - Round-up of South Korean financial
** South Korean shares inched lower on Thursday, as reports of
possible delays in signing a preliminary Sino-U.S. trade deal
hit sentiment. The Korean won and the benchmark bond yield fell.
** A meeting between Washington and Beijing to sign a
long-awaited interim trade deal could be delayed until December
as discussions continue over terms and venue, a senior official
of the Trump administration told Reuters on Wednesday.
** After a recent rally, the markets are taking a breather, said
Huh Jae-hwan, an analyst at Eugene Investment. The report about
delays in (signing of a) deal provided a reason to fall, he
** As of 0136 GMT, the Seoul stock market's main KOSPI        
fell 3.26 points, or 0.15%, to 2,140.89. So far this week, the
benchmark index has added nearly 2% and is on track for its
fifth straight weekly gain. 
** Foreigners were net sellers of 5.8 billion won ($5.00
million) worth of shares on the main board. 
** The won was quoted at 1,160.7 per dollar on the onshore
settlement platform           , 0.33% lower than its previous
close at 1,156.9.
** In offshore trading, the won        was quoted at 1,159.8 per
U.S. dollar, up 0.1% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,158.6 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was down 0.06%, while U.S. stocks were mixed
overnight            . Japanese stocks         rose 0.05%.
** The KOSPI has risen 4.92% so far this year, and gained 2.5%
in the previous 30 trading sessions.
** The trading volume during the session in the KOSPI index
        was 127.72 million shares and, of the total traded
issues of 900, the number of advancing shares was 405.
** 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 0.05 points to 109.92, while the
3-month Certificate of Deposit rate was quoted at 1.50%.
** The most liquid 3-year Korean treasury bond yield fell by 0.5
basis points to 1.529%, while the benchmark 10-year yield fell
by 0.8 basis points to 1.817%.
($1 = 1,159.2000 won)

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