South Korea won rises, but foreign stock sales cap

Newswire

(Updates to midday) SEOUL, Dec 24 (Reuters) - The South Korean won rose on Monday on improved risk appetite, but gains were limited as foreign investors kept selling out of the local stock markets. The won was up 0.3 percent at 937.7/8.1 per dollar at 0300 GMT from the previous closing bid of 940.3. "Firmer stock prices amid an improving risk appetite are supporting the won, but trading is quite slow due to a holiday mood," said a foreign bank dealer. Seoul stock market's benchmark ...

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