*
KOSPI rises, foreigners net sellers
*
Korean won weakens against dollar
*
South Korea benchmark bond yield rises
SEOUL, Oct 28 (Reuters) - Round-up of South Korean
financial markets:
** South Korean shares rose on Monday as local battery
suppliers of Tesla gained after the EV market leader's
rally last week. The won weakened, while the benchmark bond
yield rose.
** The benchmark KOSPI rose 11.60 points, or 0.45%,
to 2,594.87 by 02:17 GMT.
** Among index heavyweights, chipmaker Samsung Electronics ( SSNLF )
rose 2.33% and peer SK Hynix ( HXSCF ) lost 1.19%,
while Tesla battery suppliers LG Energy Solution
and LG Chem rose 0.9% and 4.6%, respectively.
** LG Energy Solution posted a 39% drop in quarterly profit,
but shares rose as the result beat analysts' estimates.
** Hyundai shed 0.44% and sister automaker Kia
gained 3.02%, while search engine Naver
and instant messenger Kakao added 0.83% and 0.82%,
respectively.
** Tesla closed nearly 22% higher on Thursday, its biggest
single-day gain in over a decade, as CEO Elon Musk's bold
forecast of surging sales reassured investors that he was still
looking to grow the core business of selling electric cars.
** Korea Zinc secured 9.85% of its shares in a
buyback it launched to block shareholders from selling stakes to
its top investor Young Poong and private equity firm MBK.
** Foreigners were net sellers of shares worth 52.4 billion
won ($37.8 million) on the main board.
** The won was quoted at 1,390.1 per U.S. dollar on the
onshore settlement platform, 0.06% lower than its
previous close at 1,389.2.
** The KOSPI has fallen 2.28% so far this year but gained
0.3% in the previous 30 trading sessions.
** The won has lost 7.3% against the dollar so far this
year.
** In money and debt markets, December futures on three-year
treasury bonds fell 0.15 point to 105.85.
** The most liquid three-year Korean treasury bond yield
rose by 5.5 basis points to 2.933%, while the
benchmark 10-year yield rose by 6.3 basis points to
3.113%.
($1 = 1,386.3200 won)