South Korean shares fall on uncertain U.S. rate policy outlook

KOSPI falls, foreigners net sellers

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Korean won weakens against dollar

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South Korea benchmark bond yield falls

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For the midday report, please click SEOUL, Feb 24 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares reversed early gains to close down on Friday as investors preferred cash ahead of the weekend and amid uncertainty over the U.S. interest rate policy. The won currency also weakened, while bond prices gained.
** The stock market's benchmark KOSPI ended down 15.48 points, or 0.63%, at 2,423.61, reversing early gains of as much as 0.6%.
** Technology giant Samsung Electronics fell 1.13% and peer SK Hynix lost 1.83%, while battery maker LG Energy Solution advanced 0.79%.
** Of the total 935 issues traded, 225 shares gained.
** Foreigners were net sellers of shares worth 300.7 billion won ($230.50 million). For the week, foreigners sold a net 774.2 billion won worth, snapping a seven-week buying streak.
** On the onshore currency market, the won ended at 1,304.8 per dollar, 0.59% lower than its previous close at 1,297.1.

** In offshore trading, the won was quoted at 1,304.4 per dollar, down 0.5% on the day, while in non-deliverable forward trading its one-month contract was quoted at 1,302.6.
** The KOSPI has risen 8.37% so far this year, and gained 3.7% in the previous 30 trading sessions.
** The won has lost 3.1% against the dollar so far this year.
** In money and debt markets, March futures on three-year treasury bonds rose 0.13 points to 103.88.
** The most liquid three-year Korean treasury bond yield fell by 2.8 basis points to 3.566%, while the benchmark 10-year yield fell by 4.5 basis points to 3.543%.
($1 = 1,304.5600 won) (Reporting by Choonsik Yoo;Editing by Nivedita Bhattacharjee)

Reuters

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South Korean shares fall on uncertain U.S. rate policy outlook

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