🔴 MKOR is trading 15.4% down today after surprise Bank of Korea rate hike and tech selloff

MKOR is trading at $48.00 (15.4% down) in pre-market action following a surprise 25bps rate hike by the Bank of Korea to 2.75%.

• The unexpected tightening has triggered a broad selloff across the KOSPI and major technology leaders including Samsung and SK Hynix, with leveraged ETF unwinds amplifying volatility.
• Escalating stress in Korean equities is being compounded by risk-off sentiment in global futures, driving significant de-risking in Korea-focused funds.