Seoul shares are set to open
higher on Monday, with foreign investors likely to sustain the
market after better-than-expected U.S. jobs data sparked a global equities rally, but gains are seen capped amidst an
unresolved debt deal in Greece.

“Strong offshore bids on the back of U.S. jobs data may put the 2,000 point level resistance to the test, but with options expiry and a European Central Bank policy meet taking place this
week, investors are seen taking a cautious approach,” said Kwak
Jung-bo, an analyst at Samsung Securities.