October 4, 2019 / 2:52 AM / 15 days ago

S.Korea stocks edge up on upbeat chip industry outlook; U.S. payrolls eyed

    * KOSPI rises slightly, foreigners net sellers
    * Korean won jumps versus U.S. dollar
    * South Korea benchmark bond yield falls

    SEOUL, Oct 4 (Reuters) - Round-up of South Korean financial
** South Korean shares inched up on Friday as chipmakers rose on
upbeat outlook for the industry, but caution ahead of U.S.
payrolls capped gains. The won rose nearly 1% against the
dollar, while the benchmark bond yield fell.
** Falling semiconductor prices and the U.S.-China trade war
have bitten into profits at Samsung Electronics            , but
analysts expect earnings growth next year as chip prices turn
around. Shares of Samsung Elec and SK Hynix             gained
1.4% and 1.8%, respectively.             
** Optimism over chipmakers' third-quarter profits lifted their
stocks and supported the broader markets, said Park Seok-hyun,
an analyst at KTB Investment & Securities. The focus is on U.S.
job report after weak U.S. manufacturing data, he added. 
** As of 0242 GMT, the KOSPI         rose 2.79 points, or 0.14%,
to 2,034.70. 
** Shares of Ram Technology             soared nearly 30% to hit
the intraday price limit on media reports that the company has
supplied liquid hydrogen fluoride to SK Hynix.             
** Foreigners were net sellers of 48.6 billion won ($40.67
million) worth of shares on the main board. 
** The won was quoted at 1,195.7 per dollar on the onshore
settlement platform           , 0.86% higher than its previous
close at 1,206.0.
** In offshore trading, the won        was quoted at 1,195.4 per
U.S. dollar, up 0.5% from the previous day, while in
non-deliverable forward trading its one-month contract
              was quoted at 1,194.6 per dollar.
** MSCI's broadest index of Asia-Pacific shares outside Japan
                was up 0.33%, after U.S. stocks climbed
           . Japanese stocks         fell 0.18%.
** The KOSPI has fallen 0.32% so far this year, but gained 4.7%
in the previous 30 trading sessions.
** The trading volume during the session in the KOSPI index
        was 188.40 million shares and, of the total traded
issues of 887, the number of advancing shares was 246.
** The won has lost 6.7% against the U.S dollar so far this
** In money and debt markets, December futures on three-year
treasury bonds         rose 0.18 points to 110.99.
** The most liquid 3-year Korean treasury bond yield fell by 5.6
basis points to 1.248%, while the benchmark 10-year yield fell
by 6.6 basis points to 1.431%.
($1 = 1,195.1000 won)    

 (Reporting by Hayoung Choi; editing by Uttaresh.V)
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