🟢 South Korea Bull 3X ETF (KORU) is trading 8.15% up in pre-market on Korean semiconductor strength

KORU is trading at $23.36, up +8.15%, primarily on continued Korean semiconductor strength.

• Samsung Electronics and SK hynix remain central to the KOSPI’s AI-memory rally, which recently pushed South Korea into a technical bull market.
• U.S. equity futures are higher, while softer July economic data reduce expectations for aggressive Federal Reserve tightening.
• Elevated oil and Iran-related supply risks remain a secondary global risk factor, not the main catalyst.