* KOSPI falls from over two-month high

* Korean won weakens against U.S. dollar

* South Korea benchmark bond yield rises

* For the midday report, please click

SEOUL, Aug 17 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell on Wednesday, underperforming Asian peers, as automakers slumped and investors booked profit ahead of the U.S. Federal Reserve's meeting minutes.

** The Korean won weakened, while the benchmark bond yield rose.

** The benchmark KOSPI ended down 17.05 points, or 0.67%, at 2,516.47, after rising for three sessions to its highest since mid-June.

** Among heavyweights, technology giant Samsung Electronics fell 0.98% but peer SK Hynix rose 0.41%.

** Hyundai Motor and Kia Corp saw their worst day since late June, down 3.80% and 4.02%, respectively, after U.S. President Joe Biden signed a legislation that cuts tax credits for electric vehicles (EV) assembled outside North America.

** EV battery makers LG Energy Solution fell 1.52% and Samsung SDI lost 0.47%, but SK Innovation jumped 3.19%.

** The domestic market was weaker than the broader Asian market due to sell-off pressure from comparably stronger gains in recent days, said Seo Jung-hun, analyst at Samsung Securities.

** Most other stock markets in Asia strengthened, including Japan, China, Hong Kong, Taiwan and Australia. Japan's Nikkei rose more than 1%, while MSCI Asia-pacific index excluding Japan gained 0.3%.

** Foreigners were net buyers of 56.9 billion won ($43.41 million) worth of shares on the main board.

** The won was quoted at 1,310.3 per dollar on the onshore settlement platform, 0.17% lower than its previous close at 1,308.1.

** In offshore trading, the won was quoted at 1,310.2 per dollar, up 0.1% from the previous day, while in non-deliverable forward trading its one-month contract was quoted at 1,309.2.

** In money and debt markets, September futures on three-year treasury bonds fell 0.12 point to 105.34 in late afternoon trade.

** The most liquid 3-year Korean treasury bond yield rose by 1.7 basis points to 3.100%, while the benchmark 10-year yield rose by 3.7 basis points to 3.198%. ($1 = 1,310.8400 won) (Reporting by Jihoon Lee; Editing by Vinay Dwivedi)