South Korean shares rise for second day as Samsung Electronics jump
South Korean shares rise for second day as Samsung Electronics jump SEOUL, Aug 11 (Reuters) - Round-up of South Korean financial markets:
** South Korean shares rose for a second day on Tuesday, as chipmaker Samsung Electronics jumped, while broader market sentiment was cautious over the Middle East conflict.
** The benchmark KOSPI .KS11 was up 38.95 points, or 0.62%, at 6,338.61, as of 0208 GMT. On Monday, it rose 0.65%.
** U.S. President Donald Trump on Monday responded to Iran's conditions for a peace deal with his own demands that Iran pay compensation for people killed in wars, attacks and protests, in a rhetorical escalation likely to complicate efforts to reopen the Strait of Hormuz.
** South Korea's exports rose 45.3% in the first 10 days of this month from a year earlier, data showed.
** South Korea's Finance Minister Koo Yun-cheol said trading in single-stock leveraged exchange-traded funds had fallen since the government had taken supplementary measures, adding that authorities would take all possible policy measures to reduce market volatility.
** Among index heavyweights, chipmaker Samsung Electronics 005930.KS rose 3.59%, while peer SK Hynix 000660.KS lost 0.42%. Battery maker LG Energy Solution 373220.KS slid 1.50%.
** Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were down 0.98% and unchanged, respectively. Steelmaker POSCO Holdings 005490.KS shed 2.38%, while drugmaker Samsung BioLogics 207940.KS rose 2.55%.
** Of the total 908 traded issues, 512 shares advanced, while 348 declined.
** Foreigners were net buyers of shares worth 147.6 billion won ($104.29 million).
** The won was quoted at 1,415.7 per dollar on the onshore settlement platform KRW=KFTC, 0.18% higher than its previous close at 1,418.3.
** In money and debt markets, September futures on three-year treasury bonds KTBc1 lost 0.14 point to 103.20.
** The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 4.7 basis points to 3.823%, while the benchmark 10-year yield KR10YT=RR rose by 6.0 basis points to 4.301%.
($1 = 1,415.3000 won)
(Reporting by Jihoon Lee; Editing by Rashmi Aich)
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