FLKR is trading about 3% higher, reflecting a rebound in South Korean equities and improved risk sentiment following a significant semiconductor-led selloff.
- The move follows a period of volatility triggered by the Bank of Korea’s surprise rate hike and a global AI/semiconductor rout that pressured major components like Samsung and SK Hynix.
- Today’s recovery aligns with firmer U.S. indices and stabilizing sector sentiment, helping the KOSPI regain ground as risk appetite returns to the region.