S.Korea won up on stocks, exporters; wary of govt

* Authorities spotted buying dollars to check won's gains

* Investors await outcome of BOK policy meeting on Thursday (Updates to domestic close)

SEOUL, Nov 11 - The South Korean won rose against the dollar on Wednesday as domestic stocks gained and exporters chased the local currency for settlements.

Some traders said the authorities were spotted buying small amounts of dollars to check the won's gains <KRW=> for the export competitiveness of Asia's fourth-largest economy.

The local currency was expected to remain in a range on persistent caution over possible dollar-buying intervention by the authorities, traders said.

"The won's bullish trend remains intact, but it will be hard to break through the 1,150 per dollar line within this year unless the government changes its stance on intervention," a foreign bank trader said.

The South Korean unit was quoted at 1,156.8/8.8 per dollar as of 0600 GMT, compared with Wednesday's domestic close <KRW=KFTC> of 1,162.2.

Seoul shares <.KS11> ended up 0.79 percent, with foreign investors selling a net 62.7 billion won worth of stocks on the main exchange.

On the economic front, exports during the first 10 days of the month rose 30.6 percent from a year earlier to $9.64 billion while imports fell 11.9 percent.

Investors are awaiting the outcome of the central bank's monetary policy meeting on Thursday. The Bank of Korea looks almost certain to keep interest rates on hold for a ninth straight month to help sustain economic recovery amid signs of a moderating property market boom. [ID:nSEO250236]

0600 GMT 0007 GMT Prev close Won 1,156.8/8.8 1,158.6/0.6 1,162.2 Yen/won 12.9201/03 12.9322/18 12.9244/510 KOSPI 1,594.82 1,591.08 1,582.30