Franklin FTSE South Korea ETF is trading 3.8% down in pre-market as investors continue to react to the June 8 Black Monday crash in Seoul and subsequent volatility in Korean equities.
- The fund is facing continued pressure from the fallout of the recent South Korean market crash, which has triggered a period of heightened instability for regional stocks.
- Broader U.S. equity market weakness ahead of key CPI inflation data is exacerbating risk-off sentiment, further weighing on risk-sensitive international ETFs.