KORU is trading at $19.50 (-4.43%) as traders take profits after its 11.65% advance on September 17, with leveraged ETF volatility amplifying the pullback.
- The move is not being confirmed by a Korean equity selloff: the KOSPI rose 2.66%, led by Samsung Electronics and SK Hynix.
- Lower oil prices and Treasury yields supported regional risk appetite, while the Bank of Japan’s 25-basis-point hike added currency and global-rate volatility.