Reuters logo
Korea Hot Stocks-Ssangyong Motor rallies as political uncertainty eases
January 31, 2013 / 2:40 AM / in 5 years

Korea Hot Stocks-Ssangyong Motor rallies as political uncertainty eases

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:

**SSANGYONG MOTOR JUMPS 15 PCT**

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)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below