Korea Hot Stocks-Ssangyong Motor rallies as political uncertainty eases

SEOUL Wed Jan 30, 2013 9:38pm EST

SEOUL Jan 31 (Reuters) - South Korea's main KOSPI share index was down 0.3 percent at 1,958.95 points as of 0227 GMT.

Stocks on the move on Thursday include:


Shares in Ssangyong Motor jumped by the daily limit of 15 percent after rival political parties reached a deal to form a joint body to discuss the automaker's layoffs in 2009 and other issues.

The move eased political uncertainty over the automaker, and may help avoid a parliamentary probe demanded by labour circles, analysts said. (Reporting By Hyunjoo Jin; Editing by Jijo Jacob)