S.Korea stocks track Wall St higher; Asia growth concerns cap gains



* KOSPI rises, foreigners net buyers

* Korean won strengthens against U.S. dollar

* South Korea benchmark bond yield rises

SEOUL, Oct 20 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares rose on Wednesday, as they tracked a tech-led overnight rally on Wall Street on earnings optimism, though growth worries across the region capped gains. The won was flat, while the benchmark bond yield rose.

** The benchmark KOSPI .KS11 rose 4.20 points, or 0.14%, to 3,033.24 by 0129 GMT, marking the fifth gain in six sessions. It ended 0.74% higher on Tuesday.

** Among the heavyweights, chip giants Samsung Electronics 005930.KS and SK Hynix 000660.KS rose 0.14% and 0.82%, respectively, while battery maker LG Chem 051910.KS and platform company Naver 035420.KS added 2.65% and 1.35% each.

** That followed gains in U.S. stock indexes overnight, with S&P rallying for a fifth day, boosted by technology and healthcare sectors as investors appeared to bet on solid quarterly reports.

** The International Monetary Fund on Tuesday slashed this year's economic growth forecast for Asia and warned that a fresh wave of COVID-19 infections, supply chain disruptions and inflation pressures pose downside risks to the outlook.

** "While the U.S. companies continue to report earnings, KOSPI is seen taking a wait-and-see stance ahead of (South Korea's) earnings season ... Worries about China's property debt and energy shortage issue are also seen easing," said Han Ji-young, analyst at Kiwoom Securities.

** Foreigners were net buyers of 23.5 billion won ($19.97 million) worth of shares on the main board.

** The won was quoted at 1,178.1 per dollar on the onshore settlement platform KRW=KFTC , just 0.05% higher than its previous close.

** In offshore trading, the won KRW= was quoted at 1,176.8 per dollar, down 0.1% from the previous day, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,177.2.

** In money and debt markets, December futures on three-year treasury bonds KTBc1 fell 0.11 point to 108.53.

** The benchmark 10-year yield rose by 4.1 basis points to 2.421%. ($1 = 1,176.9400 won)
Reporting by Joori Roh; Additional reporting by Jihoon Lee; Editing by Rashmi Aich

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