Wires

Seoul shares seen steady, eye euro zone

SEOUL, Oct 8 (Reuters) - Seoul shares are likely to hold anarrow range on Monday as the market awaits stronger signals onprogress in combating the euro zone's ills, despite positiveU.S. jobs data.

"Although the U.S. unemployment figures were encouraging,this in itself is not sufficient to create momentum in themarket towards one direction or another. Investors here willlikely wait for more news from the euro zone," said ChoByung-hyun, an analyst at Tong Yang Securities.

The European Stability Mechanism, a 500 billion-euro rescuefund, comes into effect on Monday. Meanwhile, the financeministers of the euro zone will meet in Luxembourg.

The Korea Composite Stock Price Index (KOSPI)

rose

0.12 percent to close at 1,995.17 points on Friday.

------------------MARKET SNAPSHOT @ 22:28 GMT-------------------

SEOUL, Oct 8 (Reuters) - ------------------MARKET SNAPSHOT @22:08 GMT ------------------ INSTRUMENT LASTPCT CHG NET CHGS&P 5001,460.93 -0.03% -0.470USD/JPY78.65 -0% 0.00010-YR US TSY YLD1.743 -- 0.000SPOT GOLD$1,779.36 -0.08% -1.430US CRUDE$89.82 -0.07% -0.060DOW JONES13610.15 0.26% 34.79ASIA ADRS

120.65 -0.45% -0.55------------------------------------------------------------->S&P500 dips after four days of gains;earnings eyed

>Prices fall as jobless rate improves,new supply due

>Improvement in U.S. jobs data lifts dollar vs yen

>Oil dips as weak global economy offsets rise in US

---STOCKS TO WATCH---**SAMSUNG ELECTRONICS**Samsung Electronics

reported a record quarterlyprofit of $7.3 billion, nearly double last year's figure, asstrong sales of high-end TVs and Galaxy smartphones more thanoffset reduced orders for chips and screens from Apple IncAAPL.O, its main rival and leading customer.

**GS ENGINEERING & CONSTRUCTION CORP

**

Shares in GS Engineering & Construction Corp

may

slide following a local media report that the builder hasabandoned a bond sale due to lack of demand. The weak appetitefor bonds was likely affected by the news last week of anotherbuilder, an affiliate of Woogjing Holdings

, applyingfor court receivership.

(Reporting By Somang Yang; Editing by Richard Pullin)

((somang.yang@thomsonreuters.com)(+82 2 3704 5643)(ReutersMessaging: somang.yang.thomsonreuters.com@reuters.net))

Keywords: MARKETS KOREA STOCKS/