Seoul shares up on foreign buying;Hyundai Mobis gains

* KOSPI advances 1.3 pct

* Hyundai Mobis, brokerages lead gains

* Rises tempered by firmer won, sluggish trade

SEOUL, Nov 6 - Seoul shares rose on Friday, with foreign investors chasing auto parts maker Hyundai Mobis <012330.KS> and KB Financial Group, while brokerage stocks bounced back on hopes stock markets might have bottomed out.

The advance was held back by concerns about the won's <KRW=> rise to a two-week high, with recently outperforming food and domestic sales-oriented stocks such as snack maker Nong Shim <004370.KS> under pressure on uncertainty over the market direction.

"At the current valuation of 10 price-to-earnings ratio, the market is neither expensive nor cheap in historical terms," said Park Seung-young, a market analyst at IBK Investment & Securities.

"But with no change to the earnings consensus, uncertainties remain over the macroeconomic conditions after the fourth quarter and onward."

The Korea Composite Stock Price Index (KOSPI) <.KS11> was 1.29 percent higher at 1,572.23 points by 0126 GMT.

By Thursday's finish, the index had shed 10 percent of its value since touching a 15-month high in late September.

Volume sank to a 14-month low on Thursday, with 204 million shares changing hands, less than half the level when the KOSPI hit its 15-month peak.

Shares in Hyundai Mobis rose 4.6 percent to 160,000 won, clawing back some of their heavy losses the previous day.

KB Financial Group <105560.KS>, parent of top domestic bank Kookmin, added 2.8 percent, while brokerage Daewoo Securities <006800.KS> leapt 4.9 percent.

Foreign investors picked up a net 55 billion won worth of shares, largely offsetting local institutions' net selling of 15 billion won and institutional investors' sales of a net 44 billion won.

SK Energy <096770.KS>, South Korea's largest crude refiner, jumped 5.1 percent on persistent expectations about its lithium-ion battery output.

Nong Shim declined 1.5 percent.