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Korea Hot Stocks-LG Display tumbles on earnings worries

SEOUL, Oct 5 (Reuters) - South Korea's main KOSPI share index was up 0.23 percent at 1,997.34 points as of 0112 GMT. The index opened up 0.6 percent.

Stocks on the move on Friday include:

**LG DISPLAY FALLS MORE THAN 4 PCT ** Shares in LG Display fell more than 4 percent after a local brokerage cut its outlook for the South Korean flat-screen maker, citing its weakening earnings momentum in the fourth quarter.

Korea Investment & Securities on Friday downgraded its ratings to "neutral" from "buy". Although Apple Inc's possible launch of an iPad mini would help LG Display, the rise would be offset by falling prices of TVs and notebook panels because of sluggish demand and low seasonality, it said.

LG Display shares were trading down 4.3 percent as of 0111 GMT.

(Reporting By Somang Yang and Hyunjoo Jin; Editing by Richard Pullin)

((somang.yang@thomsonreuters.com)(+82 2 3704 5643)(Reuters Messaging: somang.yang.thomsonreuters.com@reuters.net))

Keywords: MARKETS KOREA HOT/