Korea Hot Stocks-LG Electronics, LG Display surges
SEOUL, April 3 (Reuters) - Stocks on the move on Thursday include:
As of 0256 GMT, the main KOSPI was up 0.63 percent at 1,753.65 points, led by technology shares supported by a solid earnings outlook for electronics manufactures.
The index opened 0.2 percent higher at 1,745.72 points.
** LG DISPLAY UP AFTER APPLE SUPPLY REPORT**
LG Display (034220.KS: Quote, Profile, Research, Stock Buzz) rose 1.28 percent to 47,400 won on a positive earnings outlook and after a report that it will supply small LCDs for Apple's AAPL.0 iPod.
An LG Display spokesman confirmed it had won a deal to supply small LCDs for Apple but would not say whether they were destined for the iPod.
"The deal with Appple is positive since Apple will likely become a steady, reliable customer," said John Park, an analyst at Daishin Securities.
But analysts said the deal was relatively small, and therefore will not likely lead to a meaningful earnings upgrade.
0253 GMT Continued...
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