Seoul shares may rebound; eyes on Kumho Industrial

SEOUL, Feb 8 (Reuters) - Seoul shares may rise on Monday
following gains on Wall Street and after hitting an over
two-month low in the previous session, but gains may be limited
amid uncertanties such as European debt worries, analysts said.

"Shares will probably trade in positive territory, given that
technical rebounds are due following recent losses. Rebounds will
be likely be led by key blue chips such as techs," said Lee
Jae-mahn, a market analyst at Tong Yang Securities.

"But external negatives such as concerns about the state of
southern European economies such as Greece and Portugal will
continue to weigh on sentiment," Lee added.

Kumho Industrial (002990.KS) may be followed after the Korea
Exchange on Monday asked the firm to clarify rumours of being
placed under court receivership.

Korea Electronic Power Corp (015760.KS) could also be tracked
after the company agreed to jointly develop uranium mines with
France's Areva SA CEPFi.PA.[ID:nTOE616002]

The Korea Composite Stock Price Index .KS11 (KOSPI)
finished down 3.05 percent at 1,567.12 points on Friday, the
lowest close since November 30, 2009.
----------------------MARKET SNAPSHOT @ 2258 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1066.19 0.29% 3.080
USD/JPY JPY= 89.24 -0.28% -0.250
10-YR US TSY YLD US10YT=RR 3.5712 -- 0.000
SPOT GOLD XAU= 1065.55 0.00% 0.000
US CRUDE CLc1 71.19 0.00% -1.950
DOW JONES .DJI 10012.23 0.10% 10.05
ASIA ADRS .BKAS 120.54 0.09% 0.11
-------------------------------------------------------------
MARKET SUMMARY
*Wall St ends higher with techs, materials [nN05168319]
*Oil hits 7-week low in record volume trade [nSGE61405Q]
*Dollar, yen rise amid euro zone debt worries [nN05584092]
*Treasuries rise; euro woes spur flight to quality[nN05131234]

STOCKS TO WATCH

WOORI INVESTMENT & SECURITIES (005940.KS)

Woori Investment & Securities is set to launch a $ 30 million
fund-of-hedge-funds in Singapore with Temasek's Fullerton Fund
Management, the brokerage source said late on Friday.
[ID:nSGE61409Y]

SAMSUNG ELECTRONICS (005930.KS)

Samsung Electronics plans to invest 100 million euros ($137
million) in the next three years to modernise one of its assembly
plants in Slovakia. [ID:nLDE6141MB]

Korea Gas Corp (KOGAS) (036460.KS)

KOGAS said it aims to sell about 28 million tonnes of
liquified natural gas in 2010.[ID:nTOE614083]

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)