iShares MSCI South Korea ETF is trading 5% up today as South Korean equities recover from the recent Black Monday crash and a heavy semiconductor-led selloff.
- Overnight sentiment for the tech sector improved alongside a global risk-on tone, with AI infrastructure and Nvidia-linked partnership reports supporting key Korean semiconductor names.
- The ETF is experiencing a technical bounce following extreme losses, bolstered by stabilized demand for AI-related hardware and infrastructure.
- Broader market recovery in the KOSPI index is lifting the MSCI South Korea-tracking fund as investors pivot back to risk-on assets.