South Korean shares rebound as government vows to keep markets stable
KOSPI rises, foreigners net sellers
Korean won weakens against dollar
South Korea benchmark bond yield rises
SEOUL, Nov 14 (Reuters) -Round-up of South Korean financial markets:
** South Korean shares recovered on Thursday after hitting a one-year low in the previous session, as the government promised measures to keep markets stable.
** The benchmark KOSPI .KS11 was up 15.13 points, or 0.63%, at 2,432.21, as of 0147 GMT, after four consecutive sessions of declines.
** South Korea's finance minister said authorities would step up efforts to keep financial and foreign exchange markets stable and take stabilising measures if volatility heightened excessively.
** The minister made the comments at an emergency meeting with top officials from the country's central bank, regulatory agency and presidential office.
** The domestic stock market opened an hour later than usual on Thursday due to a nationwide college entrance exam and will close an hour later at 0730 GMT.
** Chipmaker Samsung Electronics 005930.KS rose 2.17%, after touching its lowest level since mid-June 2020 a day earlier, but peer SK Hynix 000660.KS lost 3.88%.
** Among other index heavyweights, battery, auto, biopharmaceutical and e-commerce stocks rose, but battery materials makers fell.
** Korea Zinc 010130.KS rose 4.28%, after dropping 14% on Wednesday when it scrapped a plan to issue new shares, with the chairman saying he would step down.
** Of the total 934 traded issues, 575 shares advanced, while 294 declined.
** Foreigners were net sellers of shares worth 172.3 billion won ($122.47 million).
** The won was quoted at 1,406.0 per dollar on the onshore settlement platform KRW=KFTC, 0.60% lower than its previous close at 1,397.5.
** In money and debt markets, December futures on three-year treasury bonds KTBc1 fell 0.02 point to 105.80.
** The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 0.5 basis point to 2.944%, while the benchmark 10-year yield KR10YT=RR rose by 1.6 basis points to 3.090%.
($1 = 1,406.9200 won)
Reporting by Jihoon Lee; Editing by Rashmi Aich
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