* KOSPI falls however set for greatest week since early Feb

* Korean received weakens in opposition to U.S. greenback

* South Korea benchmark bond yield drops

SEOUL, July 22 (Reuters) – Spherical-up of South Korean
monetary markets:

** South Korean shares had been set on Friday for his or her greatest
week in practically six months, whilst markets slipped for the day
weighed down by weak spot in chipmakers. The received weakened, whereas
the benchmark bond yield fell.

** The benchmark KOSPI had fallen 12.45 factors, or
0.52%, to 2,396.71 by 0114 GMT after two straight classes of
beneficial properties.

** The index has gained practically 3% up to now this week and is
set for its greatest weekly efficiency since early February.

** Snap Inc on Thursday painted a grim image of
the consequences of a weakening economic system on social media and declined
to make a forecast in “extremely difficult” situations.

** It stoked worries concerning the earnings of massive tech
firms subsequent week, weakened investor sentiment for the
semiconductor trade, and fuelled recession issues, stated
Mirae Asset Securities’ analyst Search engine optimization Sang-young.

** Amongst heavyweights, expertise large Samsung Electronics
fell 0.32% and peer SK Hynix misplaced 1.46%,
whereas battery maker LG Power Answer declined
1.79%.

** Of the overall traded problems with 922 on the benchmark KOSPI,
the variety of advancing shares was 331.

** Foreigners had been web sellers of 34.Three billion received ($26.15
million) value of shares on the primary board.

** The received was quoted at 1,312.Three per greenback on the onshore
settlement platform , down 0.35% from its earlier
shut.

** For the week, the foreign money has gained greater than 1% and is
on monitor for its greatest week since early June.

** In offshore buying and selling, the received was quoted down 0.4%
at 1,311.Eight per greenback, whereas in non-deliverable ahead buying and selling
its one-month contract was quoted at 1,310.8.

** In cash and debt markets, September futures on
three-year treasury bonds jumped 0.23 level to 104.88.

** Probably the most liquid 3-year Korean treasury bond yield fell by
7.2 foundation factors to three.222%, whereas the benchmark 10-year yield
fell by 7.Zero foundation factors to three.304%.

($1 = 1,311.7500 received)

(Reporting by Jihoon Lee; Modifying by Subhranshu Sahu)
((jihoon.lee@thomsonreuters.com;))

Key phrases: SOUTHKOREA MARKETS/MIDDAY

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