S.Korea stocks stuck as caution over U.S. tariff deadline prevails

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

SEOUL, Dec 11 (Reuters) - Round-up of South Korean financial

** South Korean shares were trading in a tight range on
Wednesday, as some positive local economic data was overshadowed
by the nearing U.S.-China tariff deadline. The Korean won
weakened, while the benchmark bond yield was unchanged.

** As of 01:35 GMT, the Seoul stock market's main KOSPI
fell 0.07 point to 2,097.93.

** Foreigners were net sellers of 35 billion won ($29.68
million) worth of shares on the main board.

** The won was quoted at 1,193.6 per dollar on the onshore
settlement platform , 0.19% lower than its previous
close at 1,191.3.

** Kiwoom Securities analyst Kim Yoo-mi said caution prevailed
over the Dec. 15 deadline for a U.S. plan to raise tariffs on
Chinese imports and ahead of the outcome of the U.S. Federal
Open Market Committee meeting.

** The wait-and-watch sentiment outweighed the statistics agency
data showing the country's number of employed people jumped by
331,000 in November over a year earlier, a big gain although
less than a gain of 419,000 people in October.

** In offshore trading, the won was quoted at 1,193.4 per
U.S. dollar, down 0.3% from the previous day, while in
non-deliverable forward trading its one-month contract
was quoted at 1,192.2 per dollar.

** MSCI's broadest index of Asia-Pacific shares outside Japan
was up 0.08%, after U.S. stocks slipped
overnight. Japanese stocks fell 0.25%.

** The KOSPI has risen 2.79% so far this year, and gained 0.3%
in the previous 30 trading sessions.

** The trading volume during the session in the KOSPI index
was 247.83 million shares and, of the total traded
issues of 903, the number of advancing shares was 376.

** The won has lost 6.5% against the dollar so far this year.

** In money and debt markets, December futures on three-year
treasury bonds fell 0.02 point to 110.39, while the
3-month Certificate of Deposit rate was quoted at 1.53%.

** The most liquid 3-year Korean treasury bond yield rose by 3.3
basis points to 1.440% in late-morning trade, while the
benchmark 10-year yield was flat at 1.645%.

($1 = 1,179.3300 won)

(Reporting by Choonsik Yoo; Editing by Shounak Dasgupta)

2019-12-11 04:10:19

© 2020 Thomson Reuters. All rights reserved. Reuters content is the intellectual property of Thomson Reuters or its third party content providers. Any copying, republication or redistribution of Reuters content, including by framing or similar means, is expressly prohibited without the prior written consent of Thomson Reuters. Thomson Reuters shall not be liable for any errors or delays in content, or for any actions taken in reliance thereon. "Reuters" and the Reuters Logo are trademarks of Thomson Reuters and its affiliated companies.