* KOSPI rises, foreigners buy for seventh session
* Korean won strengthens nearly 1% against dollar
* South Korea benchmark bond yield inches down
* For the midday report, please click
SEOUL, Aug 5 (Reuters) - Round-up of South Korean financial
** South Korean shares rose on Friday to post their third
straight weekly gain, helped by biopharmaceutical stocks and
foreign buying, while investors focussed on U.S. jobs data due
later in the day. The won jumped, while the benchmark bond yield
** The benchmark KOSPI ended up 17.69 points, or
0.72%, at 2,490.80, its highest close since June 14. The index
rose 1.6% for the week.
** Buying from overseas continued on a weaker dollar, and a
fall in oil prices led to a more positive inflation outlook,
providing support to the local market, said Cape Investment and
Securities analyst Na Jeong-hwan.
** Focus is now on U.S. employment data due later in the
day. The market may interpret the data in two conflicting
aspects - recession and monetary tightening, Na added.
** Among heavyweights, technology giant Samsung Electronics
closed unchanged, while peer SK Hynix
rose 1.03%. Battery maker LG Energy Solution rose
0.68% and its parent LG Chem jumped 5.42%.
** Biopharmaceutical shares led gains on the index, with
Samsung Biologics, Celltrion and SK
Bioscience rising 2.29%, 4.23% and 4.42%,
** Foreigners were net buyers of shares worth 373.3 billion
won ($287.47 million) on the main board, extending their buying
streak to a seventh session - the longest since late September
2021. They purchased net 1.5 trillion won for the week, the
biggest since mid-February.
** The won was last quoted at 1,298.3 per dollar on the
onshore settlement platform, 0.91% higher than its
previous close. The currency strengthened 0.06% for the week.
** In offshore trading, the won was quoted up 0.3% at
1,298.5 per dollar, while in non-deliverable forward trading its
one-month contract was quoted at 1,297.5.
** In money and debt markets, September futures on
three-year treasury bonds rose 0.14 point to 105.40 in
late afternoon trade.
** The most liquid 3-year Korean treasury bond yield fell by
2.4 basis points to 3.083%, while the benchmark 10-year yield
fell by 0.9 basis point to 3.135%.
($1 = 1,298.5500 won)
(Reporting by Jihoon Lee; Editing by Subhranshu Sahu)