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The Kospi briefly reached its highest level of 2020, closing at 2,267.01, as foreign investors bought shares for a fifth straight session. The gains followed the US Federal Reserve's decision to keep rates steady and tech and automaker stock interest.
The Bank of Korea and Fed also agreed to extend a $60 billion swap line.
Equity inflows and a firmer market do not directly move feed commodity prices. The story is a general market and currency update with little supply or demand impact on feed buyers.
koreaherald.comJie Ye-eunJul 30, 2020Not enough comparable past events yet for a historical read.
Moves of each commodity's benchmark from the last close before the event. Historical reads pool past events of the same kind; they describe what happened, not what will. Not investment advice.
