Seoul shares may fall;U.S. auto woes, won in focus

SEOUL, March 31 (Reuters) - Seoul shares may extend losses on
Tuesday after U.S. markets tumbled on growing concerns over the
auto and banking industries and as the falling won KRW=
currency is set to promote more foreign selling.

"The won has fallen further against the dollar in
non-deliverable forward trading overnight and companies sensitive
to the dollar rate will feel the impact," said Eric Lee, an
analyst at Woori Investment & Securities.

The weakening won would also hurt buying interest from
foreign investors, Lee added.

Expectations for poor first-quarter earnings will likely
weigh on the overall market, but sectors that are poised for a
turnaround, such as memory chips and liquid crystal displays,
could hold up, analysts said.

Economic data is also in the spotlight ahead of February
industrial output, due later Tuesday, and March exports data, due
Wednesday.

The Bank of Korea's business survey index, which shows South
Korean manufacturers' assessment of business conditions, hit a
five-month high in April. [ID:nSEO125619]

The Korea Composite Stock Price Index fell 3.24 percent to
end at 1,197.46 points on Monday.
------------------ MARKET SNAPSHOT @ 2258 GMT ---------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 787.53 -3.48% -28.410
USD/JPY JPY= 97.46 0.2% 0.190
10-YR US TSY YLD US10YT=RR 2.7226 -- 0.009
SPOT GOLD XAU= 915.5 -0.09% -0.800
US CRUDE CLc1 48.74 0.68% 0.330
DOW JONES .DJI 7522.02 -3.27% -254.16
ASIA ADRS .BKAS 87.26 -4.88% -4.48
-------------------------------------------------------------

MARKET SUMMARY
*Wall St hits the brakes on autos, bank woes [ID:nN30361535]
*Oil falls over 7 pct on dollar, stock market [D:nSYD421224]
*Auto, bank worries lift save-haven dollar, yen [ID:nN30361803]
*Treasuries benefit from renewed slump in stocks [ID:nN30590763]

STOCKS TO WATCH

Samsung Digital Imaging Co 108070.KS

The newly formed camera venture of technology giant Samsung
Electronics (005930.KS) is set to unveil new products on Tuesday.
(Reporting by Rhee So-eui, Editing by Jonathan Hopfner)