# Seoul shares end lower on inflation woes, foreign selling | Yonhap News Agency

> The KOSPI fell 1.35 percent to 2,916.38 on October 12, 2021, as foreigners sold a net 821 billion won of stocks. Concerns over inflation from surging oil and energy prices, plus a China coal shortage affecting industrial metals, weighed on the market, and the won fell against the dollar.

- Date: 2021-10-12 · published 2021-10-12T12:00:00.000Z
- Category: macro · region Korea · magnitude low
- Page: https://feedsoft.ai/events/44802-seoul-shares-end-lower-on-inflation-woes-foreign-selling-yonhap-news-agency
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

Energy-driven inflation fears and a weaker won raise input costs for Korean livestock and feed businesses. The story mainly reflects broader macro stress rather than a direct grain supply change.

## Read by commodity

- WTI: bullish ▲
- USDKRW: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| WTI | 2023-03-31 | [Oil Rises On Cooling US Inflation, Lower Global Supplies](https://feedsoft.ai/events/37043-oil-rises-on-cooling-us-inflation-lower-global-supplies.md) | +8.6% | +3.3% |
| WTI | 2026-05-22 | [S. Korea's currency hits 1 1/2-month low as oil prices climb \| Yonhap News Agency](https://feedsoft.ai/events/19515-s-korea-s-currency-hits-1-1-2-month-low-as-oil-prices-climb-yonhap-news-agency.md) | -8.2% | -17.5% |
| WTI | 2018-05-14 | [Inflation forces building](https://feedsoft.ai/events/10235-inflation-forces-building.md) | +0.8% | -6.5% |
| WTI | 2019-09-16 | [Oil spike sends India assets lower as inflation concerns revive](https://feedsoft.ai/events/57385-oil-spike-sends-india-assets-lower-as-inflation-concerns-revive.md) | +5.8% | -0.1% |
| WTI | 2026-05-20 | [Euro hits fresh six-week lows after Eurozone's final inflation data](https://feedsoft.ai/events/19474-euro-hits-fresh-six-week-lows-after-eurozone-s-final-inflation-data.md) | -17.6% | -28.3% |

## Sources

- en.yna.co.kr: https://en.yna.co.kr/view/AEN20211012009100320

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.