FLXK.DE is trading at €81.60 (-8.38%) as broad weakness in South Korean equities and a sharp reversal in tech leadership weigh on the fund.
- Chip-heavy heavyweights such as Samsung Electronics and SK Hynix are under significant pressure, driving the downturn in Korea-focused ETFs.
- The decline marks a rapid cooling of AI semiconductor optimism, which had previously bolstered the fund's performance.
- Analysts highlight that the move is driven by a localized sector rotation rather than a broader U.S. macroeconomic shock.