Seoul shares may open higher on Wall Street gains

SEOUL, Nov 8 (Reuters) - Seoul shares may open higher on
Monday after gains on Wall Street, but the rise will likely be
modest after hitting a 3-year high in the previous session,
analysts said.

"Market will probably start off in the positive territory
as current upward momentum is seen ensuing," said Kim
Young-june, a market analyst at SK Securities.

"But rises will be limited given the index's current level,
and amid uncertainties ahead of G20 meeting this week," Kim
added.

The Korea Composite Stock Price Index .KS11 (KOSPI)
finished down 0.18 percent at 1,938.96 points on Friday, after
hitting a 3-year high of 1,966.99 points.
----------------------MARKET SNAPSHOT @ 2250 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1225.85 0.39% 4.790
USD/JPY JPY= 81.26 0.02% 0.020
10-YR US TSY YLD US10YT=RR 2.5394 -- 0.000
SPOT GOLD XAU= 1394.5 0.00% 0.000
US CRUDE CLc1 86.85 0.00% 0.360
DOW JONES .DJI 11444.08 0.08% 9.24
ASIA ADRS .BKAS 137.71 0.47% 0.64
-------------------------------------------------------------
MARKET SUMMARY *S&P 500 extends Wall Street rally to 5th week

[nN05291513] *Treasuries bought up after selloff on jobs
data [nN05273742] *Dollar soars after job data, may bottom
vs euro [nN05280575] *Oil up at 2-yr peak on jobs data,
dollar curbs rise[nSGE6A404X]

STOCKS TO WATCH

POSCO (005490.KS)

A much-delayed $12 billion steel mill project by the
world's No.3 steelmaker, India's biggest foreign direct
investment and a barometer of its business climate, may receive
a boost this week when an expert's panel meets to review its
environmental clearance. [ID:nSGE6A30CK]

HANDSET, CHIPMAKERS

Smartphone maker HTC Corp (2498.TW) said on Friday that its
October sales more than doubled from a year
earlier.[ID:nTPV002133]

(Reporting by Jungyoun Park; Editing by x )