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South Korea shares fell after selloff continues on Wall Street

By Reuters News

SEOUL, Nov 3 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares fell on Tuesday as a selloff of tech shares deepened on Wall Street, offsetting positive sentiment from a plunge in oil prices. The won strengthened, while the benchmark bond yield fell.

** The benchmark KOSPI .KS11 was down 159.11 points, or 2.72%, at 5,699.97 as of 0233 GMT.

** Chipmaker Samsung Electronics 005930.KS fell 3.17%, while peer SK Hynix 000660.KS lost 4.14%.

** Among other index heavyweights, battery maker LG Energy Solution 373220.KS slid 3.51%, while Hyundai Motor 005380.KS and sister automaker Kia Corp 000270.KS were down 3.57% and down 1.25%, respectively.

** Stocks on Wall Street edged lower, with the S&P 500 .SPX slipping 0.5% as tech sector earnings weighed on investor confidence, even as data showed US manufacturing activity picked up in October amid strong domestic demand.

** Oil prices fell more than 7% on Monday as talks between Iranian and Qatari officials raised hopes of an end to the US-Israeli war with Iran and stabilized Middle East crude supply.

** Steelmaker POSCO Holdings 005490.KS shed 5.65%, while drugmaker Samsung BioLogics 207940.KS rose 2.18%.

** Of the total 908 traded issues, 250 shares advanced, while 624 declined.

** Foreigners were net sellers of shares worth 811.4 billion won.

** The won was quoted at 1,340.8 per dollar on the onshore settlement platform , 0.39% higher than its previous close at 1,346.0.

** The KOSPI has risen 35.26% so far this year.

** The won has strengthened 7.4% against the dollar so far this year.

** In money and debt markets, December futures on three-year Treasury bonds gained 0.09 points to 103.48.

** The most liquid three-year Korean treasury bond yield fell by 2.0 basis points to 3.724%, while the benchmark 10-year yield fell by 4.5 basis points to 3.997%.

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