* KOSPI falls, foreigners net sellers
* Korean won weakens against U.S. dollar
* South Korea benchmark bond yield rises
* For the midday report, please click
SEOUL, Jan 17 (Reuters) - Round-up of South Korean financial
markets:
** South Korean shares ended at a near seven-week low on Monday,
as traders cut their positions ahead of the long-awaited LG
Energy Solution's $10.7 billion initial public offering and with
more rate hike bets sapping risk appetite. The Korean won
weakened, while the benchmark bond yield rose.
** The benchmark KOSPI ended down 31.82 points, or
1.09%, at its lowest close since Dec. 1 of 2,890.10.
** Tech heavyweights led the declines, with chip giants
Samsung Electronics and SK Hynix
dropping 0.26% and 1.17%, respectively.
** Battery maker LG Energy Solution (LGES) raised $10.8
billion in its IPO, attracting record demand for a deal in South
Korea, while institutional investors placed bids valuing at
record $12.8 trillion.
** The public subscription for retail investors will take
place on Jan. 18-19.
** Hawkish signals from the Federal Reserve pushed U.S.
Treasury yields higher, while the Bank of Korea last week raised
its policy rate to 1.25%, bringing it back to the pre-pandemic
levels.
** A slew of Chinese economic data confirming the deadening
effect of coronavirus restrictions on consumer spending also
weighed on sentiment.
** Foreigners were net sellers of 252.0 billion won ($211.31
million) worth of shares on the main board.
** The won was quoted at 1,192.7 per dollar on the onshore
settlement platform, 0.45% lower than its previous
close.
** In offshore trading, the won was quoted at 1,192.6
per dollar, down 0.2%, while in non-deliverable forward trading
its one-month contract was at 1,193.1.
** In money and debt markets, March futures on three-year
treasury bonds fell 0.31 point to 108.04.
** The most liquid 3-year Korean treasury bond yield rose by
9.2 basis points to 2.138%, while the benchmark 10-year yield
rose by 10.7 basis points to 2.560%.
($1 = 1,192.5600 won)
(Reporting by Joori Roh; Editing by Rashmi Aich)