Seoul shares up sharply as blue chips rally


(Updates to mid-afternoon) SEOUL, Aug 22 (Reuters) - South Korean shares rose more than 2 percent in mid-afternoon trade on Monday, led by blue chips and banking stocks such as Kookmin Bank as investors viewed a recent sell off as excessive. Doosan Heavy Industries and Construction Co. Ltd. gained 5.62 percent to 17,850 won after its said it was considering bidding in a consortium for U.S. nuclear plant builder Westinghouse Electric Co. But top local oil refiner SK Corp. fell 2.52 ...

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