South Korean shares face longest losing streak in more than 3 months



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KOSPI falls, foreigners net sellers

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Korean won strengthens against dollar

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South Korea benchmark bond yield falls

SEOUL, Dec 8 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell for a fifth straight session on Thursday, tracking Wall Street's weakness on recession worries. The Korean won was marginally higher, while the benchmark bond yield edged lower.

** The benchmark KOSPI .KS11 fell 11.49 points, or 0.48%, to 2,371.32, as of 0100 GMT, hitting the lowest level since Nov. 7 and on track for its longest losing streak since late August.

** "The issue of recession continuously weighs on the market," said Mirae Asset Securities' analyst Seo Sang-young. "Volatility may increase during the session due to the expiry of futures and options."

** U.S. stocks closed another session in negative territory on Wednesday, as comments from top bank executives added to the market's recession worries.

** South Korea ordered striking truckers in the steel and petrochemical industries to return to work on Thursday, widening a back-to-work order beyond the cement industry amid a prolonged nationwide truckers strike.

** Among heavyweights, technology giant Samsung Electronics 005930.KS inched up by 0.17%, while peer SK Hynix 000660.KS was flat. Battery maker LG Energy Solution 373220.KS dropped 2.13%.

** Of the total 925 traded issues, only 169 shares rose.

** Foreigners were net sellers of shares worth 133.2 billion won ($100.82 million) on the main board.

** The won was quoted at 1,321.2 per dollar on the onshore settlement platform KRW=KFTC , 0.04% higher than its previous close.

** In money and debt markets, December futures on three-year treasury bonds KTBc1 rose 0.08 point to 103.80.

** The most liquid three-year Korean treasury bond yield fell by 0.7 basis point to 3.659%, while the benchmark 10-year yield fell by 0.6 basis point to 3.504%. ($1 = 1,321.1800 won)
Reporting by Jihoon Lee; Editing by Subhranshu Sahu

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