South Korean shares track Wall Street higher with eyes on Trump

SEOUL, Jan 22 (Reuters) - Round-up of South Korean financial markets:

South Korean shares rose on Wednesday, tracking Wall Street's overnight gains, as investors focussed on U.S. President Donald Trump's tariff plans.

The benchmark KOSPI .KS11 was up 17.20 points, or 0.68%, at 2,535.23, as of 0216 GMT.

On Tuesday, the KOSPI erased early gains of more than 1% to end lower after Trump's tariff comments.

Wall Street rose overnight on relief that Trump did not start his second term with blanket tariff increases.

Trump said on Tuesday a 10% tariff on imports from China was being discussed, a day after he talked about tariffs on imports from Mexico and Canada.

Battery makers rose, after falling sharply on Tuesday after Trump revoked the previous administration's electric-vehicle policy.

Hyundai Motor 005380.KS climbed 0.48%, after a decline in the previous session on tariff worries. Sister automaker Kia Corp 000270.KS gained 0.99%,

Of the total 941 traded issues, 425 shares advanced, while 445 declined.

Foreigners were net buyers of shares worth 31.2 billion won ($21.76 million).

The won was quoted at 1,433.5 per dollar on the onshore settlement platform KRW=KFTC, 0.14% higher than its previous close at 1,435.5.

In money and debt markets, March futures on three-year treasury bonds KTBc1 fell 0.04 point to 106.89.

The most liquid three-year Korean treasury bond yield KR3YT=RR rose by 1.3 basis points to 2.582%, while the benchmark 10-year yield KR10YT=RR rose by 0.9 basis point to 2.828%.

($1 = 1,433.6000 won)

(Reporting by Jihoon Lee; Editing by Subhranshu Sahu)

((jihoon.lee@thomsonreuters.com;))