🔴 South Korea Leveraged Equity ETF (KORU) is trading 6.28% down today amid foreign selling

KORU is trading at $16.27, -6.28%, amid sustained foreign selling of Korean large-cap technology and semiconductor shares.

• Foreign investors sold nearly 6 trillion won during the first week of August.
• Although the KOSPI opened higher on August 10, foreign investors continued selling big-cap technology stocks, limiting the index advance.
• Sector rotation is pressuring KORU’s leveraged exposure to South Korean equities.