KORU is trading 2.1% up today as Asian risk sentiment stabilizes following the volatility sparked by recent yen-support interventions.
- The leveraged South Korea equity ETF is recovering part of last week's losses as broader U.S. markets trade higher and global risk appetite returns.
- Pressure on South Korean equities had intensified after the August 3 U.S.βJapan intervention drove a stronger yen, triggering a temporary rotation out of Asian risk assets.