South Korea shares fall for third day ahead of US and China inflation data – Community News
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South Korea shares fall for third day ahead of US and China inflation data

    * KOSPI falls, foreigners net sellers
    * Korean won strengthens against U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, Nov 9 (Reuters) - Round-up of South Korean financial
    ** South Korean shares slipped on Tuesday, as foreign and
retail investors offloaded risk assets ahead of inflation data
release from both China and the United States. The won
strengthened, while the benchmark bond yield fell.
    ** The benchmark KOSPI         fell 1.54 points, or 0.05%,
to 2,958.66 by 0157 GMT, extending losses to a third straight
session. It fell 0.31% on Monday.
    ** Among the heavyweights, technology giant Samsung
Electronics             fell 0.42%, while peer SK Hynix
            added 0.93%. Battery maker LG Chem             and
platform company Kakao             slipped 1.04% and 0.40%,
    ** Foreigners were net sellers of 65.6 billion won ($55.50
million) worth of shares on the main board.
    ** The won was quoted at 1,178.5 per dollar on the onshore
settlement platform           , 0.39% higher than its previous
close at 1,183.1.
    ** In offshore trading, the won        was quoted at 1,179.1
per dollar, up 0.1% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,179.7.
    ** In money and debt markets, December futures on three-year
treasury bonds         was unchanged at 108.62.
    ** The most liquid 3-year Korean treasury bond yield rose by
1.6 basis points to 1.922%, while the benchmark 10-year yield
fell by 1.7 basis points to 2.311%.

($1 = 1,181.8900 won)

 (Reporting by Joori Roh; Editing by Rashmi Aich)