Seoul shares flat; techs, Doosan issues up

* KOSPI flat amid FOMC caution

* Tech issues rise on earnings hopes

* CJ CGV up on expectations of ticket price hike

(Updates to mid-morning)

By Jungyoun Park

SEOUL, June 22 (Reuters) - Seoul shares traded flat early on Monday as
investors remained cautious ahead of the U.S. Federal Reserve's interest rate
meeting this week, but some technology issues outperformed on hopes for positive
earnings.

The Korea Composite Stock Price Index (KOSPI) was up 0.04 percent at
1,383.85 points as of 0212 GMT.

"Markets are volatile within a tight range as investors refrain from
actively buying before the U.S. FOMC meeting this week," said Lee Sun-yeop, a
market analyst at Goodmorning Shinhan Securities.

Foreign investors were buyers of a net 22.5 billion won worth of shares,
picking up Seoul stocks for a second-straight session.

"Technology issues are broadly outperforming on the back of brewing earnings
hopes," Lee added.

Liquid crystal display related issues including LG Display (034220.KS)
rallied after DisplaySearch said late on Friday that global LCD TC sales volume
was expected to increase by 21 percent this year, faster than a previous
forecast, helped by strong sales in developed markets and China's stimulus
spending programme. [ID:nSEO106017]

LG Display, the world's No. 2 LCD maker, advanced 2.3 percent and Samsung
Electronics (005930.KS), the world's No. 1 LCD maker, rose 1.6 percent.

Meanwhile, Doosan Group units, including the de-facto holding company Doosan
Corp (000150.KS), outperformed after the company said it planned to buy a Czech
turbine maker Skoda Power. The deal was expected to be worth about 800 billion
won ($632.8 million). [ID:nSEL000653]

Doosan Corp was up 0.49 percent and Doosan Heavy Industries (034020.KS)
gained 0.57 percent.

CJ CGV (079160.KS), the cinema chain of CJ Group, rallied on expectations
the movie distributor and theater operator may raise ticket prices following
local media reports that a domestic rival was planning a similar move.

"Yes, shares are reacting to such hopes, although whether the price increase
will actually happen remains to be seen," said Hyundai Securities analyst Han
Ik-hee.

A CJ CGV spokesman said the price increase "is under review" but said no
decision had been made.

Shares in CJ CGV were up 6.91 percent.

Elsewhere Olive Nine Co (052970.KQ) jumped 14.29 percent after KT Corp
(030200.KS) late on Friday said it had agreed to sell its 19.48 percent stake in
the cable channel operator to Iwillpass, an online class provider.

(Editing by Ken Wills)