🟢 South Korea Bull 3X ETF (KORU) is trading 3.06% up in pre-market on semiconductor-led KOSPI gains

KORU is trading at $21.92, up 3.06% versus the August 13 close, as South Korean equities extended their semiconductor-led rally overnight.

• The KOSPI rose 2.67% early on August 14, led by SK hynix and Samsung Electronics, which gained 6.03% and 2.05%, respectively.
• Overnight U.S. equities rallied; cooler-than-expected July PPI reduced concerns about additional Federal Reserve tightening and supported technology stocks.
• Leverage amplifies index and semiconductor gains; Samsung and SK hynix are among KORU’s largest underlying holdings.