KORU is trading 9.9% up today as South Korean equities continue to strengthen following the Bank of Korea’s recent 25bp rate hike and a subsequent rebound in KOSPI-linked tech and financial sectors.
- The 3x leveraged ETF is amplifying gains as global risk appetite improves and U.S. futures trade higher, boosting sentiment toward cyclical and AI-related Asian markets.
- Investors are positioning ahead of major U.S. Big Tech earnings while geopolitical tensions remain slightly tempered by Middle East mediation efforts.
- The move follows a strong Monday session for South Korean shares, reflecting sustained momentum in the region's equity index.