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S.Korean shares track Wall Street lower on dollar strength, rate-hike jitters

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      KOSPI falls, foreigners net sellers
    

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      Korean won weakens against dollar
    

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      South Korea benchmark bond yield jumps
    

  
       SEOUL, Sept 28 (Reuters) - Round-up of South Korean
financial markets:
    ** South Korean shares fell on Wednesday, tracking overnight
Wall Street weakness, as U.S. monetary policy tightening worries
and the dollar's strength weighed on sentiment. The won
weakened, while the benchmark bond yield jumped.
    ** The benchmark KOSPI         was down 6.67 points, or
0.30%, at 2,217.19 as of 0103 GMT, after falling as much as
0.84% in early trade. The index rose by a slight margin of 0.13%
on Tuesday, just enough to snap a four-session losing streak.
    ** "The stock market has been sensitive to fluctuations in
foreign exchange rates and bond yields. Volatility is yet to
ease and there still remains downward pressure," said Choi
Yoo-june, an analyst at Shinhan Financial Investment. 
    ** Among heavyweights, technology giant Samsung Electronics
            fell 0.74%, but peer SK Hynix             and
battery maker LG Energy Solution             rose 1.46% and
1.24%, respectively.
    ** Hyundai Motor             fell 1.88% and its sister Kia
Corp             lost 1.31%, while internet platform operators
Naver             and Kakao             declined 1.22% and
1.69%, respectively. 
    ** LG Innotek            , a camera part supplier, slipped
4.36% on reports that Apple          dropped plans to increase
the production of its new iPhones this year.             
    ** Celltrion             gained 2.42% after the
biopharmaceutical manufacturer said it received the final U.S.
sales licence for a biosimilar anticancer drug.
    ** Foreigners were marginally net sellers on the main board,
selling shares worth 26.1 billion won ($18.24 million). 
    ** The won was quoted at 1,431.0 per dollar on the onshore
settlement platform           , 0.66% lower than its previous
close.
    ** In offshore trading, the won        was quoted down 0.3%
at 1,431.0 per dollar, while in non-deliverable forward trading
its one-month contract               was quoted at 1,430.2.
    ** In money and debt markets, December futures on three-year
treasury bonds         fell 0.27 point to 101.24.
    ** The most liquid 3-year Korean treasury bond yield rose by
9.3 basis points to 4.387%, while the benchmark 10-year yield
jumped by 13.4 basis points to 4.340%.
($1 = 1,430.8700 won)
 (Reporting by Jihoon Lee; Editing by Rashmi Aich)
  
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