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South Korean shares closed lower on June 18 on worries about rising coronavirus infections in the US and China and tensions with North Korea after Pyongyang blew up an inter-Korean liaison office. The won strengthened 0.49% to 1,208.0 per dollar.
Foreign investors were net sellers of 192.6 billion won of main-board shares.
Equity weakness and geopolitical tension reflect risk aversion that can pressure emerging-market currencies, affecting the cost of dollar-denominated feed imports. The direct effect on grain prices is limited.
brecorder.comReutersJun 18, 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.
