Korea Hot Stocks-LG Dacom, refiners, Daewoo Shipbuilding rise

SEOUL, March 24 (Reuters) - Stocks on the move on Monday include:

As of 0215 GMT, the main KOSPI was up 0.37 percent at 1,651.76 points, led by construction and financial shares such as Kookmin Bank (060000.KS: Quote, Profile, Research, Stock Buzz), as more stable commodities prices and easing U.S. mortgage market concerns soothed investors' fears about a global credit crunch.

The index opened 0.49 percent higher at 1,653.82 points.

**LG DACOM SURGES ON EXPECTATIONS OF STRONG GROWTH**

LG Dacom Corp (015940.KS: Quote, Profile, Research, Stock Buzz), a South Korean fixed-line and broadband service provider, jumped 4.44 percent to 17,650 won, on expectations that strong growth in the firm's Internet phone business will continue.

LG Dacom, whose shares had underperformed other telecommunications companies over the past months, has shown good numbers in recruiting subscribers for its VoIP (Voice over Internet Protocol) phone service, which was launched last year.

"A new policy starting from June, which allows phone users to switch from landline phones to Internet phone without changing their phone numbers, is expected to raise expectations for LG Dacom," said Yang Jong-in, an analyst at Korea Investment & Securities.

0213 GMT

**REFINERS UP ON HOPES WILL RECOVER**