# South Korean shares fall on second virus wave worries, rising tensions with North Korea - Markets - Business Recorder

> 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.

- Date: 2020-06-18 · published 2020-06-18T12:00:00.000Z
- Category: geopolitics · region South Korea · magnitude low
- Page: https://feedsoft.ai/events/52856-south-korean-shares-fall-on-second-virus-wave-worries-rising-tensions-with
- Commodities: [Korean Won (KRW per USD)](https://feedsoft.ai/c/USDKRW.md)

## Why it matters

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.

## Read by commodity

- USDKRW: neutral

## Sources

- brecorder.com: https://www.brecorder.com/news/1005340

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