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South Korea shares gain for fourth day

Reuters11-13

South Korea shares gain for fourth day

KOSPI rises, foreigners net buyers

Korean won strengthens against dollar

South Korea benchmark bond yield falls

For the midday report, please click nL1N3WP02X

SEOUL, Nov 13 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares extended gains to a fourth session on Thursday, as U.S. President Donald Trump signed a bill to end the longest-ever government shutdown in South Korea's second-biggest trading partner. The won strengthened, while the benchmark bond yield fell.

** The benchmark KOSPI .KS11 closed up 20.24 points, or 0.49%, at 4,170.63.

** Among index heavyweights, chipmaker Samsung Electronics 005930.KS fell 0.29%, while peer SK Hynix 000660.KS lost 0.81%. Battery maker LG Energy Solution 373220.KS climbed 1.89%.

** Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were up 1.09% and down 0.51%, respectively. Steelmaker POSCO Holdings 005490.KS added 0.94%.

** Trump on Wednesday signed legislation ending the longest government shutdown in U.S. history, roughly two hours after the House of Representatives voted to restart disrupted food assistance, pay hundreds of thousands of federal workers and revive a hobbled air-traffic-control system.

** Of the total 928 traded issues, 477 shares advanced, while 385 declined.

** Foreigners were net buyers of shares worth 999.0 billion won.

** The won was quoted at 1,466.2 per dollar on the onshore settlement platform KRW=KFTC, 0.18% higher than its previous close at 1,468.9.

** In offshore trading, the won KRW= was quoted at 1,462.6 per dollar, up 0.5% on the day, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,460.2.

** The KOSPI has risen 73.81% so far this year.

** The won has strengthened 0.4% against the dollar this year.

** In money and debt markets, December futures on three-year treasury bonds KTBc1 lost 0.09 point to 105.72.

** The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 2.8 basis points to 2.934%, while the benchmark 10-year yield KR10YT=RR fell by 3.3 basis points to 3.268%.

(Reporting by Cynthia Kim; Editing by Subhranshu Sahu)

((Cynthia.Kim@thomsonreuters.com; 822 3704 5655; Reuters Messaging: cynthia.kim.thomsonreuters.com@reuters.net))

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