S.Korean shares rise after strong US data; set to end 5-week losing streak
KOSPI rises, foreigners net buyers
Korean won weakens against dollar
South Korea benchmark bond yield rises
SEOUL, Aug 16 (Reuters) -Round-up of South Korean financial markets:
** South Korean shares rose more than 1% on Friday, led by chip and auto stocks, after strong U.S. data allayed investor fears of an imminent recession in the world's largest economy.
** The won weakened, while the benchmark bond yield rose.
** The benchmark KOSPI .KS11 rose 45.75 points, or 1.73%, to 2,690.25 by 0101 GMT, extending gains to a fifth session.
** The KOSPI was up 3.9% for the week and set to snap a five-week run of declines. It will log the biggest weekly rise since late-January, if current gains hold.
** U.S. retail sales rose more than expected in July, data showed on Thursday, allaying financial market fears of a sharp economic slowdown.
** South Korea's financial markets were closed on Thursday for a public holiday.
** Among index heavyweights, chipmaker Samsung Electronics 005930.KS rose 2.20% and peer SK Hynix 000660.KS gained 5.52%, while battery maker LG Energy Solution 373220.KS climbed 1.34%.
** Hyundai Motor 005380.KS added 4.98% and sister automaker Kia Corp 000270.KS gained 2.54%, while search engine Naver 035420.KS and instant messenger Kakao 035720.KS were up 1.21% and 0.68%, respectively.
** Of the total 930 traded issues, 525 shares advanced, while 343 declined.
** Foreigners were net buyers of shares worth 458.0 billion won ($336.29 million).
** The won was quoted at 1,361.8 per dollar on the onshore settlement platform KRW=KFTC, 0.43% lower than its previous close at 1,355.9.
** In money and debt markets, September futures on three-year treasury bonds KTBc1 fell 0.17 point to 105.90.
** The most liquid three-year Korean treasury bond yield rose by 5.5 basis points to 2.938%, while the benchmark 10-year yield rose by 3.3 basis points to 2.983%.
($1 = 1,361.9300 won)
Reporting by Jihoon Lee; Editing by Subhranshu Sahu
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