On November 6, iShares MSCI South Korea ETF rose 5.49% in Regular Trading, trading at $138.64, with turnover of $548 million.
The move followed a rebound in Korea-linked products after a sharp local market selloff and trading curbs, as funds rotated into an oversold recovery trade.
Earlier on November 6, Korea-focused ETF products rebounded in US trading after the Korean market had plunged and triggered circuit breakers. Market context showed the KOSPI had previously fallen 8% and paused for 20 minutes, while major constituents such as SK Hynix and Samsung Electronics posted steep declines, underscoring the sensitivity of the ETF to large Korea technology weights.
iShares MSCI South Korea ETF generally invests at least 80% of its assets in the component securities of its underlying index and in investments with substantially identical economic characteristics. The underlying index is a free float-adjusted market capitalization-weighted index designed to measure large- and mid-cap Korean equities, and the fund is non-diversified.
(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.)