SEOUL, Nov 7 (Reuters) - The following are some stocks on the move on Thursday on the Korea Stock Exchange:
**SSANGYONG MOTOR LIMIT-UP ON STRONG RESULTS**
Shares of South Korea's Ssangyong Motor Co soared 15 percent to a near three-month high of 5,660 won after the country's fourth largest auto maker said net profit for the first nine months of this year jumped more than 30-fold.
Ssangyong said January-September net profit reached 187.4 billion won, up 320 percent from 5.7 billion won a year ago, thanks to strong demand for its sports utility vehicles.
The broader market was up 0.78 percent to 687.87 at 0457 GMT.
**TRANSPORT SHARES UP ON HOPES OF LOW BORROWING COSTS**
Shares of shipping and airline companies rallied after the U.S. central bank's decision to cut short-term interest rates by a half-percentage point to a fresh 40-year low.
Shares of Korean Air Lines Co gained 3.8 percent to 15,150 won and Hanjin Shipping rose 3.4 percent to 6,100 won as investors expected lower interest rates to help firms with heavy foreign debts reduce borrowing costs.
"Korean Air has some $2 billion in overseas debt of which interest changes are pegged to federal funds rate moves," said Ji Hyun-seok, an analyst at Hyundai Securities.
"Low interest rates combined with steady oil prices will help airline companies reduce costs."
The U.S. Federal Reserve cut the trend-setting federal funds rate that banks charge each other for overnight loans to 1.25 percent.
The transport sub-index rose 1.3 percent to 460.70, outpacing a 0.35-percent gain in the broader market .