* KOSPI rises, foreigners turn net buyers
* Korean won weakens against U.S. dollar
* South Korea benchmark bond yield falls
* For the midday report, please click
SEOUL, Sept 3 (Reuters) - Round-up of South Korean financial
** South Korean shares rose more than 1% on Thursday and
extended gains to a third straight session as strong foreign
buying powered local chip stocks. Both the won and the benchmark
bond yield weakened.
** The benchmark KOSPI closed up 31.53 points, or
1.33%, at 2,395.90.
** Chip giant Samsung Electronics Co Ltd ended
3.7% higher, tracking a surge in the Philadelphia Semiconductor
index, after Nvidia Corp's announcement on its
new gaming chips in collaboration with Micron Technology Inc
** Samsung's peer SK Hynix Inc and the subindex
for electric and electronics stocks jumped 4.2% and
** Further boosting sentiment, South Korea's government
announced a plan to create a 20 trillion won ($16.84 billion)
fund over the next five years for President Moon Jae-in's "New
** "Strong gains in local semiconductor shares towed KOSPI,
especially with active foreign buying of Samsung Electronics
shares," said Lee Young-gon, Hana Financial Investment analyst.
** The "New Deal" fund and fewer daily coronavirus
infections also lifted sentiment, Lee added.
** Foreigners were net buyers of 194.0 billion won worth of
shares on the main board.
** The won was quoted at 1,188.3 per dollar on the onshore
settlement platform, 0.24% lower than its previous
close at 1,185.4.
** In offshore trading, the won was quoted at 1,188.5
per dollar, up 0.1% from the previous day, while in
non-deliverable forward trading its one-month contract
was quoted at 1,188.5.
** In money and debt markets, September futures on
three-year treasury bonds fell 0.01 points to 111.84.
** The most-liquid 3-year Korean treasury bond yield fell by
0.5 basis points to 0.920%, while the benchmark 10-year yield
fell by 1.4 basis points to 1.525%.
($1 = 1,187.9700 won)
(Reporting by Joori Roh; Additional reporting by Jihoon Lee;
Editing by Devika Syamnath)