KORU is trading at $16.95, down 2.39% from the August 7 close, amid continued foreign selling of South Korean large-cap technology and semiconductor shares.

  • The KOSPI opened higher on August 10 and broader U.S. futures were modestly up, but Korean shares later pared gains as foreign investors sold nearly 619.7 billion won of equities.
  • The weak July U.S. payrolls report remains a supportive global-rate catalyst, reducing expectations for further Fed tightening, but did not offset Korea-specific semiconductor positioning pressure.