Reuters: Hot Stocks: Korea Hot Stocks-Ssangyong Motor rallies as political uncertainty eases

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Korea Hot Stocks-Ssangyong Motor rallies as political uncertainty eases Jan 31st 2013, 02:38 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. 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)

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