• KOSPI falls, foreigners net sellers
• Korean won strengthens against US dollar
• South Korea benchmark bond yield rises
• For the midday report, please click

SEOUL, Dec 4 (Reuters) - Round-up of South Korean financial markets:

** South Korean shares declined on Wednesday after the nation's president declared martial law and then rescinded it hours later in the biggest political crisis in decades in Asia's fourth-largest economy.

** The won partially recovered after a sharp drop earlier, while the benchmark bond yield rose.

** The KOSPI (.KS11) , opens new tab closed down 36.10 points, or 1.44%, at 2,464.00.

** Among index heavyweights, chipmaker Samsung Electronics (005930.KS) , opens new tab fell 0.93%, while peer SK Hynix (000660.KS) , opens new tab gained 1.88%. Battery maker LG Energy Solution (373220.KS) , opens new tab slid 2.02%.

** South Korea's President Yoon Suk Yeol on Wednesday said he would lift the surprise martial law declaration he had imposed just hours before, backing down in a standoff with parliament which roundly rejected his attempt to ban political activity and censor the media.

** The finance ministry said it was ready to deploy "unlimited" liquidity into financial markets in the wake of the political crisis that sent the won diving to multi-year lows.

** Hyundai (005380.KS) , opens new tab slipped 2.56%, while sister automaker Kia (000270.KS) , opens new tab gained 0.10%. Search engine Naver (035420.KS) , opens new tab lost 3.11%, while instant messenger Kakao (035720.KS) , opens new tab jumped 8.50%.

** Of the total 938 traded issues, 176 advanced and 737 declined.

** Foreigners net sold shares worth 408.8 billion won ($290 million) on the main board.

** The KOSPI has fallen 7.20% so far this year, losing 2.7% in the previous 30 trading sessions.

** The won has lost 8.7% against the U.S. dollar so far this year.

** In money and debt markets, December futures on three-year treasury bonds fell 0.08 point to 106.79.

** The most liquid three-year Korean treasury bond yield rose 3.2 basis points to 2.621%, while the benchmark 10-year yield added 5.3 basis points to 2.759%.

($1 = 1,409.5900 won)

Sign up here.

https://www.reuters.com/markets/asia/south-korea-stocks-slide-president-yoons-failed-martial-law-bid-stokes-turmoil-2024-12-04/