Korea Hot Stocks - KT&G Rises Ahead of Results Announcement

Source from:  Reuters 01/21/2009

SEOUL, Jan 21 - Stocks on the move on Wednesday include: As of 0036 GMT, the main KOSPI <.KS11> was down 2.92 percent at 1,093.89 points. The index opened 3.49 percent lower at 1,087.43 points. Shares in KT&G <033780.KS> rose before a scheduled results announcement on Wednesday on expectations of solid profit growth. South Korea's top tobacco and ginseng company is expected to report 185.7 billion won in fourth quarter net profit, which would be up 37.6 percent from a year ago's 135 billion won. KT&G was up 1.46 percent as of 0052 GMT. Enditem