Seoul stocks seen rebounding after Wall Street gain

SEOUL, Feb 12 (Reuters) - Seoul stocks are expected to
rebound on Tuesday from the prior session's sharp losses, led
by tech shares such as LG Electronics (066570.KS: Quote, Profile, Research) after
takeover talk and bargain-hunting lifted the sector on Wall
Street.

Energy and resource stocks such as Korea Zinc (010130.KS: Quote, Profile, Research)
could gain after oil prices rose to a one-month high on Monday,
but fuel cost-sensitive stocks including Korean Air (003490.KS: Quote, Profile, Research)
are seen lower.

Any significant recovery seems unlikely as foreigners
continue to dump local shares amid persistent worries over the
health of the global economy, analysts say.

The Korea Composite Stock Price Index finished 3.29
percent lower at 1,640.67 points on Monday.
----------------------MARKET SNAPSHOT @ 2231 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1339.13 0.59% 7.840
USD/JPY <JPY=> 106.9 -0.04% -0.040
10-YR US TSY YLD <US10YT=RR> 3.6182 -- 0.000
SPOT GOLD <XAU=> 922.3 -0.15% -1.400
US CRUDE CLc1 93.69 2.09% 1.920
DOW JONES .DJI 12240.01 0.48% 57.88
-------------------------------------------------------------

MARKETS SUMMARY

U.S. stocks rebound on tech values; energy up on oil
[ID:nN11328197]

Oil hits one-month high; Venezuela threatens halt
[ID:nSP41115]

Yen up as risk aversion rises; euro flat as ECB eyed
[ID:nN11486840]

Treasuries gain on resurgent credit worries [ID:nN11633154]

STOCKS TO WATCH

- Interpark

Online shopping mall operator Interpark (035080.KQ: Quote, Profile, Research) said
late on Monday it was negotiating terms with several suitors
bidding for its stake in its affiliate Gmarket (GMKT.O: Quote, Profile, Research).

Interpark said in a filing with the Korea Exchange that no
details have been made yet.

- Daewoo Shipbuilding

South Korea's Daewoo Shipbuilding and Marine Engineering
(DSME) Construction, a unit of DSME (042660.KS: Quote, Profile, Research) said on Monday
it is to acquire a $20 billion order to build a new town in
Oman as a joint project with the Oman government.
(Reporting by Kim Soyoung; Editing by Tomasz Janowski)