Seoul shares seen up;Samsung Elec, Daewoo Eng eyed

SEOUL, Oct 6 (Reuters) - Seoul shares may rise on Tuesday
after gains overnight on Wall Street, with Samsung Electronics
(005930.KS) closely followed as the company is poised to announce
third quarter earnings guidance.

"Markets may start off in positive territory but gains will
not likely be strong. Worries that third quarter earnings may be
a short-term peak are emerging," said Han Beom-ho, a market
analyst at Shinhan Investment Corporation.

Daewoo Engineering & Construction (047040.KS) may react to
news late on Monday Kumho Asiana Group shortlisted four
unidentified bidders for the builder in a deal estimated at about
$2.6 billion. [ID:nSEO41687]

The Korea Composite Stock Price Index .KS11 (KOSPI)
finished down 2.29 percent or 37.73 points at 1,606.90 on Monday.
----------------------MARKET SNAPSHOT @ 2252 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1040.46 1.49% 15.250
USD/JPY JPY= 89.53 -0% 0.000
10-YR US TSY YLD US10YT=RR 3.2187 -- 0.000
SPOT GOLD XAU= 1016.65 0.00% 0.000
US CRUDE CLc1 70.35 -0.09% -0.060
DOW JONES .DJI 9599.75 1.18% 112.08
ASIA ADRS .BKAS 118.98 1.72% 2.01
-------------------------------------------------------------

MARKET SUMMARY
*Wall St rises on services data, earnings optimism [nN05386954]
*Oil rises, US service sector data lifts markets [nSYD340521]
*US dollar slips after G7, revived risk appetite [nN05595453]
*Treasuries steady, underpinned by weak jobs market[nN0549807]

STOCKS TO WATCH

CONSTRUCTION ISSUES

Apartment prices across South Korea rose for the 17th
straight week, the longest gaining streak since July, 2008, data
from the country's top lender showed on Monday.

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)