Wires

KOSPI set to gain as Samsung wins U.S. court appeal

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SEOUL, Oct 11 (Reuters) - Seoul shares are likely to rise onFriday after a U.S. court overturned a sales ban on SamsungElectronic' s

smartphone.

"The court decision is seen as a win for Samsung, and thiswill reflect on its shares, and boost the KOSPI," said BaeSun-yung, an analyst at Hyundai Securities.

A U.S. appeals court overturned a sales ban against SamsungElectronics Co Ltd's Galaxy Nexus smartphone, dealing a setbackto Apple Inc

in its patent battle.

The Korea Composite Stock Price Index (KOSPI)

fell

0.78 percent to close at 1,933.09 points on Thursday, continuinga week long fall.

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

INSTRUMENT LAST PCT CHG NET CHGS&P 5001,432.84 0.02% 0.280USD/JPY78.38 0.08% 0.06010-YR US TSY YLD1.668 -- 0.000SPOT GOLD$1,766.95 -0.07% -1.240US CRUDE$92.40 0.36% 0.330DOW JONES13326.39 -0.14% -18.58ASIA ADRS

118.58 1.00% 1.17------------------------------------------------------------->Wall St flat as Apple cuts jobs data gains

>Bond prices gain as Europe worries continue

>Euro rallies vs dollar, snaps three-day decline

>Oil rises as Turkey-Syria tensions fuel supply

---STOCKS TO WATCH---**SAMSUNG ELECTRONICS**

A U.S. appeals court overturned a ban on the sales of theGalaxy Nexus smartphone, dealing a setback to Apple Inc.

.**SK INNOVATION**

The leading South Korean energy supplier said itssubsidiary, SK Energy is considering options to raise capital,including a new share sale.

**HYUNDAI MERCHANT MARINE COMPANY

**

Hyundai Merchant Marine Company

says it isconsidering a new share sale to boost its capital base. Sharesin the shipping firm's share closed 4 percent lower on Thursday.

**WOONGJIN COWAY**The sale of Woongjin Coway

to private equityfund MBK partners may be jeopardized. Meanwhile, trading inshares of Woongjin Holdings

, the cash-strappedparent company resumes today, following a court decision.

(Reporting By Somang Yang; Editing by Eric Meijer)

Keywords: MARKETS KOREA STOCKS/