November 19, 2018 / 1:58 AM / 24 days ago

S.Korean stocks inch higher; U.S-China trade anxiety weighs

    * KOSPI index marginally higher, foreigners sell
    * Korean won climbs versus U.S. dollar
    * South Korean bond yields down

    SEOUL, Nov 19 (Reuters) - Round-up of South Korean financial
markets:
    
** South Korea's KOSPI stock index         rose marginally on
Monday in cautious trading, as deep divisions between Washington
and Beijing at a summit of Asia-Pacific leaders tempered
expectations of a resolution in U.S-China trade war. The Korean
won rose against dollar, while bond yields fell.
    
** At 01:53 GMT, the KOSPI was up 6.90 points or 0.34 percent at
2,099.42.
    
** Asia-Pacific leaders failed to agree on a communique at a
summit in Papua New Guinea on Sunday for the first time in their
history as competition between the United States and China over
trade and investment stymied cooperation.             

** After the U.S. and China wrangled at the APEC Summit,
scepticism grew that the planned talk between the U.S. President
Donald Trump and Chinese President Xi Jinping is unlikely to
resolve conflict, says Lee Won, an analyst at Bookook
Securities.
 
** The won was quoted at 1,125.6 per dollar on the onshore
settlement platform           , 0.26 percent firmer than its
previous close at 1,128.5. 
 
** In offshore trading, the won        was quoted at 1,125.51
per U.S. dollar, down 0.46 percent from the previous day, while
in one-year non-deliverable forwards             it was being
transacted at 1,105.1 per dollar. 
 
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.12 percent, after U.S. stocks ended the
previous session with mild gains            . Japanese stocks
        rose 0.55 percent. 
 
** The KOSPI is down around 15.2 percent so far this year, and
down by 8.01 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 109,475,000 shares and, of the total traded issues
of 887, the number of advancing shares was 562.
 
** Foreigners were net sellers of 11,256 million won worth of
shares.
 
** The U.S. dollar has risen 5.53 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 0.07 points to 108.79.
 
** The Korean 3-month Certificate of Deposit benchmark rate was
quoted at 1.7 percent, while the benchmark 3-year Korean
treasury bond yielded 1.929 percent, lower than the previous
day's 1.95 percent.

 (Reporting by Hayoung Choi; Editing by Amrutha Gayathri)
  
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