Seoul shares seen lower;Lotte Shopping, Jinro eyed

SEOUL, Oct 19 (Reuters) - Seoul shares may fall on Monday
after Wall Street was hit by disappointing results, with Lotte
Shopping (023530.KS: Quote, Profile, Research) likely to be followed after a local media
report it had bought Chinese retailer Times (1832.HK: Quote, Profile, Research).

"Shares will likely be volatile as sentiment will definitely
have weakened after losses in U.S. shares, with a lack of strong
positive factors," said Lawrence Kim, a market analyst at Woori
Investment & Securities.

"The main index will struggle to maintain its 20-day moving
average, but it still has firm support at its 60-day moving
average," Kim added.

The Korea Composite Stock Price Index shed 1.12 percent to
close at 1,640.36 points on Friday.

The main KOSPI's 20-day moving average is about 1,644 points,
and its 60-day moving average about 1,600 points.

Spirits maker Jinro (000080.KS: Quote, Profile, Research) will be listed on the main
KOSPI index after the company set its initial public offering
price at 41,000 won per share last month.
----------------------MARKET SNAPSHOT @ 2253 GMT ------------

INSTRUMENT LAST PCT CHG NET CHG
S&P 500 .SPX 1087.68 -0.81% -8.880
USD/JPY JPY= 91.09 0.1% 0.090
10-YR US TSY YLD US10YT=RR 3.4097 -- 0.000
SPOT GOLD XAU= 1054.2 0.32% 3.400
US CRUDE CLc1 78.85 0.41% 0.320
DOW JONES .DJI 9995.91 -0.67% -67.03
ASIA ADRS 123.98 -1.63% -2.05
-------------------------------------------------------------

MARKET SUMMARY
*Wall St hit by Bank of America, GE results [nN16364819]
*Oil prices rise to 12-month high above $78 [nSIN46590]
*Dollar pares week's losses as risk appetite fades [nN16358836]
*Treasuries gain as stocks dip, consumers sour [nN16360634]

STOCKS TO WATCH

LCD MAKERS

Liquid crystal display makers including LG Display
(034220.KS: Quote, Profile, Research) may react after Japan's Sharp Corp (6753.T: Quote, Profile, Research) said late
on Friday the current industry shortage of LCD panels could
continue through the middle of next year.[ID:nT93369]

POSCO (005490.KS: Quote, Profile, Research), KB FINANCIAL GROUP (105560.KS: Quote, Profile, Research)

POSCO and KB Financial will buy 250 billion won ($215.1
million) worth of shares in each other under a mutual equity
purchase deal, POSCO said late on Friday.[ID:nSEL002695]

(Reporting by Jungyoun Park; Editing by Jonathan Hopfner)