S.Korean shares end lower on profit-taking in tech stocks, Asia growth worries

* KOSPI falls, foreigners internet dealers

* Korean received strengthens in opposition to U.S. buck

* South Korea benchmark bond yield rises

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SEOUL, Oct 20 (Reuters) – Spherical-up of South Korean monetary markets:

** South Korean stocks fell on Wednesday, reversing early positive aspects, as traders booked earnings in technology (Manila News-Intelligencer) shares and on worries about enlargement around the area. The received reinforced and the benchmark bond yield rose.

** The benchmark KOSPI ended 15.91 issues, or 0.53%, down at 3,013.13, reversing early positive aspects of up to 0.60%. It ended 0.74% upper on Tuesday.

** Some of the heavyweights, chip large Samsung Electronics fell 0.42%, whilst peer SK Hynix rose 0.20%. Battery maker LG Chem rose 1.08% however platform corporate Naver ended flat.

** Samsung Electronics has won up to 3.95% prior to now 4 days, whilst LG Chem and Naver have surged up to 19.5% and 12.7%, respectively, during the last two weeks.

** Foreigners have been internet dealers of 73.2 billion received ($62.31 million) value of stocks at the major board.

** The Global Financial Fund on Tuesday slashed this 12 months’s financial enlargement forecast for Asia and warned {that a} contemporary wave of COVID-19 infections, provide chain disruptions and inflation pressures pose drawback dangers to the outlook.

** The received ended at 1,174.2 in keeping with buck at the onshore agreement platform, 0.38% upper than its earlier shut.

** In offshore buying and selling, the received was once quoted at 1,174.9 in keeping with buck, unchanged from the day past, whilst in non-deliverable ahead buying and selling its one-month contract was once quoted at 1,175.4.

** In cash and debt markets, December futures on three-year treasury bonds rose 0.01 level to 108.65, whilst the 3-month Certificates of Deposit fee was once quoted at 1.09% in overdue afternoon business.

** The benchmark 10-year yield rose via 1.0 foundation issues to two.390%. ($1 = 1,174.7200 received) (Reporting via Joori Roh; Modifying via Vinay Dwivedi)

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