South Korean shares end higher as Samsung Electronics hits record high

Reuters15:59
South Korean shares end higher as <a href="https://laohu8.com/S/SSNGY">Samsung Electronics</a> hits record high

KOSPI rises, foreigners net buyers

Korean won weakens against dollar

South Korea benchmark bond yield rises

For the midday report, please click nL1N3XT00V

SEOUL, Dec 23 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares rose on Tuesday, as chipmakers tracked a rally in U.S. peers, with Samsung Electronics hitting a record high.

** The won touched a more than eight-month low, while the benchmark bond yield rose.

** The benchmark KOSPI .KS11 closed up 11.39 points, or 0.28%, at 4,117.32.

** U.S. stocks closed higher on Monday, buoyed by a continued rebound by technology stocks, with chipmaker Micron Technology MU.O rising 4% to put the Philadelphia Semiconductor Index .SOX up 1.1%. .N

** South Korea's central bank needs to remain wary of financial stability risks, such as heightened volatility in the won currency and upward pressure on house prices, a board member said on Tuesday.

** Chipmaker Samsung Electronics 005930.KS ended up 0.90% at a record closing high. During the session, it rose as much as 1.81% to the highest level on record. Peer SK Hynix 000660.KS gained 0.69%.

** Hanwha Ocean 042660.KS jumped 12.49% after U.S. President Donald Trump said the South Korean shipbuilder will participate in building frigates for the U.S. Navy.

** Shares of South Korean entertainment companies jumped on media reports of a K-Pop concert in Hong Kong in early February, with K-Pop agency HYBE 352820.KS gaining 5.02%.

** Of the total 928 traded issues, 217 shares advanced, while 659 declined.

** Foreigners were net buyers of shares worth 955.1 billion won ($643.98 million).

** The won was quoted at 1,483.2 per dollar on the onshore settlement platform KRW=KFTC, 0.15% lower than its previous close at 1,481.0. During the session, it hit its weakest level since April 9 at 1,484.7.

** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 3.2 basis points to 2.968%, while the benchmark 10-year yield KR10YT=RR rose by 2.9 bps to 3.381%.

($1 = 1,483.1100 won)

(Reporting by Jihoon Lee; Editing by Sonia Cheema)

((jihoon.lee@thomsonreuters.com;))

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