* KOSPI hits 3-week excessive, foreigners internet patrons

* Korean gained strengthens in opposition to U.S. greenback

* South Korea benchmark bond yield rises

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

** South Korean shares hit three-week highs on Wednesday,
buoyed by in a single day Wall Road energy and a weaker greenback.
The gained strengthened, whereas the benchmark bond yield rose.

** The benchmark KOSPI rose 23.87 factors, or 1.01%,
to 2,394.84 as of 0144 GMT, after rising as a lot as 1.65% to its
highest degree since June 28.

** A weaker greenback with the euro’s rebound must be a
larger power behind the native market’s positive aspects than U.S.
corporations’ upbeat earnings, resulting in overseas inflows this
week, mentioned Bookook Securities’ analyst Lee Gained.

** European Central Financial institution policymakers will talk about whether or not
to lift rates of interest by 25 or 50 factors at their assembly on
Thursday to tame record-high inflation.

** U.S. Treasury Secretary Janet Yellen and South Korean
Finance Minister Choo Kyung-ho agreed they might inject
liquidity into foreign money markets if essential after a bilateral
assembly between the 2 leaders on Tuesday.

** Among the many heavyweights, know-how large Samsung
Electronics inched up 0.16% and peer SK Hynix
rose 2.00%, whereas battery maker LG Power Resolution
added 0.52%.

** Of the whole 925 traded points on KOSPI, 720 rose.

** Foreigners have been internet patrons of shares price 18.6 billion
gained ($14.21 million) on the primary board, shopping for for a fifth
session in row.

** The gained was quoted at 1,307.9 per greenback on the onshore
settlement platform , 0.42% larger than its earlier
shut.

** In offshore buying and selling, the gained was quoted down 0.2%
at 1,308.four per greenback, whereas in non-deliverable ahead buying and selling
its one-month contract was quoted at 1,307.3.

** In cash and debt markets, September futures on
three-year treasury bonds fell 0.13 level to 104.86.

** Essentially the most liquid 3-year Korean treasury bond yield rose by
2.Three foundation factors to three.227%, whereas the benchmark 10-year yield
rose by 3.1 foundation factors to three.299%.

($1 = 1,308.9600 gained)

(Reporting by Jihoon Lee; Modifying by Rashmi Aich)
((jihoon.lee@thomsonreuters.com;))

Key phrases: SOUTHKOREA MARKETS/MIDDAY

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