S.Korea stocks gain as easing of China COVID curbs lifts appetite
* KOSPI rises, foreigners net sellers
* Korean won strengthens against U.S. dollar
* South Korea benchmark bond yield flat
SEOUL, May 17 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares rose on Tuesday, led by heavyweight Samsung Electronics, as the easing of some COVID-19 curbs in China supported appetite, although shockingly weak industrial output data from world's second-largest economy limited gains.
** The Korean won strengthened, while the benchmark bond yield was flat.
** The benchmark KOSPI .KS11 was up 14.98 points, or 0.58%, at 2,611.56, as of 0107 GMT.
** The market was lifted by hopes of easing China's lockdown measures and additional stimulus policies, while Samsung Electronics jumped on supply chain optimism ahead of Korea-U.S. summit later this week, said Choi Yoo-june, analyst at Shinhan Financial Investment.
** In Beijing, authorities have extended guidance to work from home in four districts, but have not enforced a city-wide lockdown.
** Technology giant Samsung Electronics 005930.KS jumped as much as 1.96% to the highest in nearly two weeks. Chipmaker SK Hynix 000660.KS rose 0.90%, while battery maker LG Energy Solution 373220.KS was slightly up by 0.12%.
** Still, economic slowdown fears intensified across global markets as weak China data cast a long shadow over the economy while the steep drop in New York manufacturing painted a bleak picture for growth across the world.
** Foreigners were net sellers of 61.6 billion won ($48.20 million) worth of shares on the main board.
** Of the total traded issues of 926, the number of advancing shares was 497.
** The won was quoted at 1,278.0 per dollar on the onshore settlement platform KRW=KFTC , 0.48% higher than its previous close at 1,284.1.
** In offshore trading, the won KRW= was quoted at 1,277.9 per dollar, up 0.2% from the previous day, while in non-deliverable forward trading its one-month contract KRW1MNDFOR= was quoted at 1,277.6.
** In money and debt markets, June futures on three-year treasury bonds KTBc1 fell 0.03 point to 105.27.
** The most liquid 3-year Korean treasury bond yield rose by 0.5 basis point to 3.056%, while the benchmark 10-year yield climbed 0.5 basis point to 3.296%.
($1 = 1,277.9900 won)
Reporting by Jihoon Lee; Editing by Sherry Jacob-Phillips
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