Seoul shares seen rangebound; LG Display eyed

SEOUL, Aug 25 (Reuters) - Seoul shares may be rangebound on
Tuesday after a relatively flat finish overnight on Wall Street
and near 2-percent gains in the previous session, with LG Display
set to be eyed after reports of a new China venture.

"Shares may face some resistence following yesterday's big
gains. The index will try to settle comfortably at the 1,600
point level," said Lim Dong-min, a market analyst at KB
Investment & Securities.

"Eyes will be on whether auto and technology issues will
continue to fuel markets," Lim added.

LG Display (034220.KS) could be followed after a local media
report the world's No.2 liquid crystal display maker plans to
build a LCD panel plant in China. [ID:nSEO42635]

A spike in crude prices, which briefly touched a 10-month
high near $75 a barrel on Thursday, could weigh on transporters
such as Korean Air Line (003490.KS), but may boost energy issues
including SK Energy (096770.KS).

Financials such as KB Financial Group (105560.KS) may decline
after their U.S. peers slipped, sending the S&P financial index
.GSPF down 0.92 percent.

The Korea Composite Stock Price Index .KS11 (KOSPI) ended
up 1.98 percent at 1,612.22 points on Monday, rising for a third
straight session and setting its highest finish since late July
2008.
----------------------MARKET SNAPSHOT @ 2241 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1025.57 -0.05% -0.560
USD/JPY JPY= 94.44 -0.04% -0.040
10-YR US TSY YLD US10YT=RR 3.4737 -- 0.000
SPOT GOLD XAU= 941 -0.04% -0.400
US CRUDE CLc1 73.87 -0.67% -0.500
DOW JONES .DJI 9509.28 0.03% 3.32
ASIA ADRS .BKAS 121.02 0.18% 0.22
-------------------------------------------------------------

MARKETS SUMMARY
*Oil prices touch 10-month high on economic hopes [nSYD146874]
*Stocks end flat, investors pause after 4-day rally [nN24168196]
*Dollar edges up ahead of US consumer data [nN24110510]
*Treasuries rise on bargain-hunting, growth woes [nN24166634]

STOCKS TO WATCH

SHINHAN FINANCIAL GROUP (055550.KS)

French bank BNP Paribas (BNPP.PA) has reduced its stake in
South Korea's top financial services company, reaping an
estimated $200 million from the stock sale. [ID:nSEO369036]

HYUNDAI MOTOR (005380.KS)

The assembler of Mitsubishi Motors (7211.T) and Hyundai
vehicles in Venezuela has suspended production indefinitely due
to labor disputes, adding to the problems of the automotive
sector in the OPEC nation. [ID:nN24142920]

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)