* KOSPI hits 5-week high, but falls for month
* Korean won sees best month since April 2021
* South Korea benchmark bond yield jumps
* For the midday report, please click
SEOUL, May 31 (Reuters) - Round-up of South Korean financial
** South Korean shares rose on Tuesday to their highest in
five weeks, led by foreigners' strong buying on improved
sentiment regarding China's economic outlook. The Korean won hit
a near six-week high, while the benchmark bond yield jumped.
** The benchmark KOSPI ended up 16.24 points, or
0.61%, at 2,685.90, its highest close since May 2.
** For the month, the index fell 0.34%, extending losses to
a second straight month after a 2.27% decline in April.
** China's cabinet announced a series of new policy measures
on Tuesday to bolster the economy, while its factory activity
contracted at a slower pace in May as COVID-19 curbs in major
manufacturing hubs were relaxed.
** Positive investor sentiment on China affected stock
markets across Asia and led to a strong inflow of foreign money
into the local market, said Eugene Investment and Securities'
analyst Huh Jae-hwan.
** Among the heavyweights, Samsung Electronics
fell 0.44% but peer SK Hynix rose 0.93%. Battery
maker LG Energy Solution gained 1.02% while its
parent company LG Chem jumped 5.03%.
** Foreigners were net buyers of 1.06 trillion won ($856.49
million) worth of shares on the main board, marking their
biggest daily purchase since August 31, 2021.
** The won was last quoted at 1,237.2 per dollar on the
onshore settlement platform, 0.11% higher than the
previous session and the highest close since April 20.
** South Korea's won currency strengthened 1.51%
against the dollar for the month, ending a two-month falling
streak with its best performance since April 2021.
** In offshore trading, the won was quoted at 1,237.3 per
dollar, down 0.2% from the previous day, while in
non-deliverable forward trading its one-month contract
was quoted at 1,236.7.
** In money and debt markets, June futures on three-year
treasury bonds fell 0.25 points to 105.44 in late
** The most liquid 3-year Korean treasury bond yield rose by
9.7 basis points to 3.030%, while the benchmark 10-year yield
jumped by 12.1 basis points to 3.326%.
($1 = 1,237.6100 won)
(Reporting by Jihoon Lee; editing by Jason Neely)