October 31, 2018 / 2:33 AM / 22 days ago

S.Korean stocks inch higher, set for 10th straight foreign selling session

    * KOSPI index inches up, foreigners sell
    * Korean won gains against U.S. dollar
    * South Korean bond yields down

    SEOUL, Oct 31 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korea's KOSPI stock index         edged higher on
Wednesday as corporate earnings and Sino-U.S. trade tensions
prompted caution. The Korean won rose while bond yields were
down.
    
    ** U.S. President Donald Trump has said he expects "a great
deal" with China on trade, but warned of more tariffs if a deal
isn't possible. Trump and his counterpart Xi are expected to
attend next month's G20 summit in Buenos Aires, where they could
meet.             

    ** Tech giant Samsung Electronics             posted record
quarterly profit on Wednesday, meeting expectations thanks to
sales of semiconductors to data centres and higher production
yields. The company said operating profit rose 21 percent from a
year ago to 17.6 trillion won ($15.5 billion) in the
July-September period.             
 
    ** The corporate earnings season is expected to affect the
market more than global issues; overall earnings so far have not
been bad, but not so good at the same time, which means there is
no trigger point for the investors, says Lee Jae-sun, an analyst
at KTB Securities.
    
** At 02:15 GMT, the KOSPI was up 6.25 points or 0.31 percent at
2,020.94
 
** The won was quoted at 1,137.6 per dollar on the onshore
settlement platform           , 0.14 percent firmer than its
previous close at 1,139.2. 
 
** In offshore trading, the won        was quoted at 1,139.4 per
U.S. dollar, down 0.06 percent from the previous day, while in
one-year non-deliverable forwards             it was being asked
at 1,119.85 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.56 percent, after U.S. stocks ended the
previous session with gains            . Japanese stocks        
rose 1.4 percent. 
 
** The KOSPI is down around 18.4 percent so far this year, and
down by 11.76 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 147,236,000 shares and, of the total traded issues
of 891, the number of advancing shares was 566.
 
** Foreigners were net sellers of 31,389 million won worth of
shares, heading for a 10th session of selling.
 
** The U.S. dollar has risen 6.87 percent against the won this
year. The won's high for the year is 1,053.55 per dollar on
April 2 2018 and low is 1,146.26 on October 11 2018.
 
** In money and debt markets, December futures on three-year
treasury bonds         rose 0.02 points to 108.81.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.7 percent, while the benchmark 3-year Korean
treasury bond yielded 1.913 percent, lower than the previous
day's 1.93 percent.

 (Reporting by Joori Roh; Editing by Amrutha Gayathri)
  
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