KORU is trading 2.9% down as South Korean equities enter a consolidation phase following an extreme semiconductor-led surge.
- The leveraged ETF is retracing gains after a sharp rebound in the KOSPI and major chipmakers like Samsung and SK Hynix.
- Profit-taking in AI-linked names is driving volatility as investors reassess stretched valuations and fading momentum.
- Market sentiment is further impacted by concerns regarding recent currency fluctuations and potential intervention risks.