Korea Hot Stocks-KTF up

SEOUL, April 14 (Reuters) - Stocks on the move on Monday include:

As of 0137 GMT, the main KOSPI was down 1.8 percent to 1,747.59 points, led by POSCO (005490.KS: Quote, Profile, Research, Stock Buzz) falling 4.7 percent to 466,500 won.

The index opened 1.84 percent lower at 1,746.88 points.

**KTF UP AFTER ITS BUYBACK SHARES**

Shares in KTF Co LTd (032390.KS: Quote, Profile, Research, Stock Buzz) climbed 3.83 percent to 28,450 won after the country's second-biggest mobile services carrier reported on Friday that it would buy back and cancel 122.1 billion won ($125.2 million) worth of its own shares.

"KTF's buyback seemed earlier than usual, and I think this is a step closer to KTF's merger with KT," said Stan Jung, an analyst at Woori Investment & Securities.

Fixed line operator KT Corp (030200.KS: Quote, Profile, Research, Stock Buzz) already owns some 52.2 percent of KTF and is planning to absorb the mobile firm.

0137 GMT

($1=975.5 Won)

(Reporting by Park Ju-min; Editing by Park Jung-youn and Keiron Henderson)