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South Korean stocks closed higher on Friday, with the KOSPI up 0.80% to 2,100.20, helped by China's October private factory survey showing the fastest expansion in over two years. The won weakened slightly against the dollar to 1,165.6 per USD.
South Korean October exports fell for an 11th straight month, the steepest drop in nearly four years.
Stronger Chinese factory activity and firmer sentiment on a US-China trade deal support demand expectations for feed inputs, though the sharp fall in Korean exports signals weak regional trade. The effect on grain and feed prices is indirect and limited.
businesstimes.com.sgOct 31, 2019Not 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.
