IDKO.L is trading at $129.61 (up 3.27%), driven by a strong rebound in Korean equities. This rebound is significantly influenced by positive news surrounding SK Hynix, a major holding of the ETF, whose U.S. share sale was reportedly more than seven times oversubscribed ahead of its pricing on July 9, 2026. The ETF, which tracks the MSCI Korea 20/35 index, benefits from its heavy exposure to leading semiconductor players like SK Hynix and Samsung Electronics, amidst a broader recovery after a semiconductor-led selloff on July 08, 2026.