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KOSPI rises, foreigners net sellers

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Korean won strengthens against dollar

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South Korea benchmark bond yield falls

SEOUL, April 4 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares rose on Tuesday, with cyclical stocks leading the gains after major oil producers' decision to cut output. The Korean won strengthened, while the benchmark bond yield fell.

** The benchmark KOSPI was up 8.27 points, or 0.33%, to 2,480.61 as of 0136 GMT, after rising as much as 0.70% to hit the highest level since Jan. 30.

** South Korea's consumer inflation eased to a one-year low in March, led by weaker oil prices, but a range of issues including worries about global growth, monetary policy and decisions by major oil producers have clouded the outlook.

** "The market is holding better than expected. Cyclical stocks of energy, chemicals and machineries rose on investors' inflation bets," said analyst Choi Yoo-june at Shinhan Securities.

** Energy group SK Innovation gained 2.17%, while LG Chem climbed 2.67% and SK Chemicals jumped 4.33%.

** Chipmaker SK Hynix lost 3.21% after it decided to issue bonds overseas which may be exchanged with $1.7 billion worth of its shares. Bigger rival Samsung Electronics rose 0.79%.

** Of the total 931 issues traded, 531 shares rose.

** Foreigners were net sellers of shares worth 185.0 billion won ($141.50 million).

** The won was quoted at 1,307.4 per dollar on the onshore settlement platform, 0.70% higher than its previous close at 1,316.5.

** In money and debt markets, June futures on three-year treasury bonds rose 0.20 point to 104.96.

** The most liquid three-year Korean treasury bond yield fell by 7.2 basis points to 3.276%, while the benchmark 10-year yield fell by 6.4 basis points to 3.328%. ($1 = 1,307.4200 won) (Reporting by Jihoon Lee)