*
KOSPI rises, foreigners net buyers
*
Korean won little changed against dollar
*
South Korea benchmark bond yield flat
SEOUL, April 7 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares rose 1% on Friday, on track for their fourth straight weekly gain, as heavyweight chipmakers rallied after Samsung Electronics decided to cut chip production.
** The Korean won and the benchmark bond yield were flat.
** The benchmark KOSPI rose 26.09 points, or 1.06%,
to 2,485.32, as of 0116 GMT. The index has gained 0.3% so far in
the week.
** Samsung Electronics jumped 4.17% as the
world's largest memory chip maker said it would make a
"meaningful" cut to chip production after flagging a
bigger-than-expected 96% plunge in quarterly operating profit.
Peer SK Hynix rose 5.13%.
** "Chipmakers led the gains on hopes for a recovery in the
memory chip industry after the decision to cut production," said
analyst Seo Jung-hun at Samsung Securities.
** Of the total 926 issues traded, 437 shares rose.
** Foreigners were net buyers of shares worth 315.2 billion
won ($239.16 million) after four straight sessions of selling.
** The won was quoted at 1,318.9 per dollar on the onshore settlement platform , 0.02% higher than its previous close at 1,319.1.
** The currency has fallen 1.3% so far this week.
** In money and debt markets, June futures on three-year
treasury bonds fell 0.04 point to 105.10.
** The most liquid three-year Korean treasury bond yield
rose by 2.5 basis points to 3.235%, while the benchmark 10-year
yield fell by 0.1 basis point to 3.277%.
($1 = 1,317.9300 won)
(Reporting by Jihoon Lee; Editing by Subhranshu Sahu)
