KORU is trading at $18.89 (2.7% up) as South Korean markets extend a recovery following the Bank of Korea’s recent interest rate decision.
- The rally is driven by a rebound in KOSPI-linked tech and financial stocks following the Bank of Korea’s 25bp rate hike.
- The move marks an extension of Monday's gains as the market recovers from last week’s sharp selloff tied to surprise tightening and volatility in the semiconductor sector.