Seoul shares seen falling on Merrill talk, energy

SEOUL, March 20 (Reuters) - Seoul shares may fall on
Thursday, led by financial firms such as Kookmin Bank
(060000.KS: Quote, Profile, Research), on revived credit worries after speculation that
Merrill Lynch & Co Inc (MER.N: Quote, Profile, Research) may see more loan losses.

Energy shares such as SK Energy (096770.KS: Quote, Profile, Research) and S-Oil Corp
(010950.KS: Quote, Profile, Research) also look set to decline after U.S. crude oil futures
fell more than $5 on Wednesday on worries about the U.S. economy,
underlined by lower demand for oil products [ID:N19327911].
----------------------MARKET SNAPSHOT @ 2235 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1298.42 -2.43% -32.320
USD/JPY <JPY=> 98.73 0.15% 0.150
10-YR US TSY YLD <US10YT=RR> 3.3301 -- 0.000
SPOT GOLD <XAU=> 941.9 -0.17% -1.600
US CRUDE CLc1 102.45 -0.09% -0.090
DOW JONES .DJI 12099.66 -2.36% -293.00
-------------------------------------------------------------

MARKETS SUMMARY:
* US stocks sink on commodities, Merrill nerves [ID:nN19340313]
* Oil falls 4.5 pct as dealers eye weak US demand [ID:nT236729]
* Dollar slips vs yen; concerns on U.S. economy [ID:nN19334761]
* Treasury bonds gain as stock slide revives [ID:nN19595271]

STOCKS TO WATCH:

STX ENGINE (077970.KS: Quote, Profile, Research)

STX won a 118.6 billion won ($117.5 million) order for power
generation equipment in Brazil, the company said on Wednesday in
a filing to the Korea Exchange.
($1=1009.1 Won)
(Reporting by Park Jung-youn, editing by Yoo Choonsik)