S.Korean shares set to post worst month since Jan on US tariff worries
KOSPI falls, foreigners net sellers
Korean won little changed against dollar
South Korea benchmark bond yield falls
SEOUL, Nov 29 (Reuters) -Round-up of South Korean financial markets:
** South Korean shares fell more than 2% on Friday and were set to end the month with their biggest drop since January on U.S. tariff worries.
** The benchmark KOSPI .KS11 dropped 50.90 points, or 2.03%, to 2,453.77, as of 0109 GMT.
** The KOSPI has fallen 4% this month, extending declines to a fifth straight month.
** Major exporters, including chipmakers, battery makers and automakers fell.
** "Yesterday's surprise rate cut raised worries that the economy was faring worse than expected and needed a pre-emptive cut," said Na Jeong-hwan, an analyst at NH Investment & Securities.
** The Bank of Korea delivered a surprise interest rate cut on Thursday and signalled more to come, as policymakers turned a wary eye to trade risks from a second Donald Trump U.S. presidency.
** South Korea's export growth is expected to have slowed to a 14-month low in November on slowing demand in the United States amid tariff policy uncertainty, according to a Reuters poll. The data will be reported on Sunday.
** K-pop agency HYBE 352820.KS fell as much as 7% as members of NewJeans, one of the most popular K-pop groups, said they were leaving the agency.
** Korean Air Lines 003490.KS was down 1.2%, after falling as much 6.9% earlier in the session. Analysts attributed the fall to profit-taking on the news of the final approval in Europe on its merger with competitor Asiana.
** Foreigners were net sellers of shares worth 364.9 billion won ($261.64 million).
** The won was quoted at 1,395.7 per dollar on the onshore settlement platform KRW=KFTC, 0.09% lower than its previous close at 1,394.5.
** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 0.5 basis point to 2.630%, while the benchmark 10-year yield KR10YT=RR fell by 1.4 basis points to 2.777%.
($1 = 1,394.6900 won)
Reporting by Jihoon Lee and Youn Ah Moon; Editing by Rashmi Aich
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