KORU is trading 3.5% down today following a volatile week driven by the Bank of Korea's recent rate hike and a broader global rout in semiconductor and AI-related equities.
- The 3x leveraged ETF is facing significant downward pressure as U.S. chip names slide and geopolitical tensions weigh on South Korean equity markets.
- Market volatility remains elevated following the July 16 rate hike, which has triggered a sharp reaction across tech-heavy indices and macro-sensitive assets.