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373220 LG Energy Solution News Story

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South Korean shares post third straight monthly rise

KOSPI falls, foreigners net sellers

Korean won weakens against dollar

South Korea benchmark bond yield falls

For the midday report, please click nL1N3ZN02P

SEOUL, Feb 27 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell 1% on Friday on heavy foreign selling as overnight losses in U.S. technology stocks triggered profit-booking, but they still posted a third straight rise on the month.

** The benchmark KOSPI .KS11 closed down 63.14 points, or 1%, at 6,244.13, after falling as much 2.4% and rising as much as 0.6% in volatile intra-day trade. On Thursday, it rose for a sixth straight session to a record high.

** The KOSPI climbed 20% this month, compared to a 24% gain in January.

** U.S. stocks turned sharply lower overnight, a day after earnings from artificial intelligence vanguard company Nvidia NVDA.O failed to impress investors, dragging down technology shares that had powered the market's recent rally. .N

** South Korea's exports likely rose for a ninth straight month in February as a global boom in artificial intelligence investment drove a surge in chip sales, according to a Reuters poll. The data will be reported on Sunday.

** South Korean financial markets will be closed on Monday for a public holiday.

** Chipmaker Samsung Electronics 005930.KS fell 0.69%, while peer SK Hynix 000660.KS lost 3.46%. Battery maker LG Energy Solution 373220.KS was flat.

** Hyundai Motor 005380.KS surged 10.67% to an all-time high on an investment plan to build an AI data centre and a robot manufacturing factory. Sister automaker Kia Corp 000270.KS fell 0.24%.

** Of the total 926 traded issues, 264 shares advanced, while 629 declined.

** Foreigners were net sellers of shares worth 6.83 trillion won ($4.75 billion), marking their biggest daily selloff on record.

** The won was quoted at 1,439.7 per dollar on the onshore settlement platform KRW=KFTC, 0.44% lower than its previous close at 1,433.4.

** The most liquid three-year Korean treasury bond yield KR3YT=RR fell by 1.6 basis points to 3.044%, while the benchmark 10-year yield KR10YT=RR fell by 4.9 basis points to 3.458%.

($1 = 1,437.8000 won)

 (Reporting by Jihoon Lee; Editing by Ronojoy Mazumdar)

 ((jihoon.lee@thomsonreuters.com;))

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