*
KOSPI rises 1%, foreigners net buyers
*
Korean won strengthens against dollar
*
South Korea benchmark bond yield rises
*
For the midday report, please click
SEOUL, Nov 29 (Reuters) - Round-up of South Korean
financial markets:
** South Korean shares rose 1% on Tuesday on growing hopes
for China's reopening after social unrest aggravated against
COVID-19 lockdown measures. The Korean won strengthened, while
the benchmark bond yield rose.
** The benchmark KOSPI rose 25.12 points, or 1.04%,
to close at 2,433.39, recovering most of the 1.21% loss seen in
the previous session.
** On growing hopes that China might ease its
COVID-19-related policies, China's major stock indexes jumped
more than 2%, leading broader Asian market's strength.
** "Investors cheered the possibility of a change in China's
'zero-COVID' policy," said Seo Sang-young, an analyst at Mirae
Asset Securities.
* Meanwhile, South Korean President Yoon Suk-yeol said that
the government and central bank should pay greater focus on
addressing any financial instability as the economy is headed
for slower inflation, during an interview with Reuters.
** Among heavyweights, technology giant Samsung Electronics
rose 0.83%, peer SK Hynix gained 0.72%,
and battery maker LG Energy Solution advanced 0.89%.
** Korean Air and Asiana Airlines
jumped 2.65% and 11.54%, respectively, after UK authorities said
they might accept their merger.
** Of the total traded issues of 931, the number of
advancing shares was 659.
** Foreigners were net buyers of shares worth 59.2 billion
won ($44.60 million) on the main board.
** The won was last quoted at 1,326.6 per dollar on the
onshore settlement platform, 1.03% higher, also
reversing much of the previous session's 1.23% loss.
** In money and debt markets, December futures on three-year
treasury bonds fell 0.09 point to 103.65.
** The most liquid three-year Korean treasury bond yield
rose by 5.3 basis points to 3.723%, while the benchmark 10-year
yield rose by 6.2 basis points to 3.672%.
($1 = 1,327.3100 won)
(Reporting by Jihoon Lee)