On August 3, Direxion Daily MSCI South Korea Bull 3x Shares rose 9.07% overnight, trading at 16.21 USD/share, with turnover of 2.6994 million USD.

On the news front, Korea's KOSPI index recorded a historic single-day foreign net buying of 7.2 trillion won on July 31, with monthly selling pressure sharply narrowing and domestic pension funds turning from net sellers to net buyers. JPMorgan noted that deleveraging in Korean leveraged ETFs is nearing completion, with hedge funds approximately 90% through the process and leveraged ETF assets shrinking from $50 billion to $17 billion, leaving little basis for further market deterioration. Citi concluded that capital flow headwinds have shifted to tailwinds, maintaining its KOSPI index target of 10,000 points. Additionally, Korean regulators tightened single-stock leveraged ETF trading thresholds, with first-day related turnover dropping 75.3%, curbing speculative volatility.

The fund invests at least 80% of its net assets in financial instruments providing daily 3x leveraged exposure to the MSCI South Korea Index, which covers approximately 85% of the free float-adjusted market capitalization of South Korean issuers.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)