KORU is trading at $20.57 (+12.31%) as the Federal Reserve’s expected 25-basis-point rate hike removed near-term policy uncertainty amid a broad rebound in risk assets.

  • U.S. equities are higher, supporting leveraged exposure to Korean stocks.
  • South Korea’s KOSPI initially rose about 0.6%–0.7% as easing oil prices and lower bond yields supported sentiment.
  • Foreign selling and semiconductor weakness later limited gains, but the index-level rebound provides the clearest explanation for KORU’s outsized move.