Movement Alert|iShares MSCI South Korea ETF Rises 5.05% in Regular Trading, KOSPI Deep V-Shaped Rebound and Regulatory Stabilization Expectations Boost Sentiment

Market Focus
07/15

On July 14, iShares MSCI South Korea ETF (EWY) rose 5.05% in regular trading, trading at 176.77 USD/share, with turnover of approximately 2.626 billion USD.

On the news front, the Korean KOSPI index staged a dramatic V-shaped reversal on July 14, plunging over 5% in early trading and triggering the SIDECAR mechanism to halt programmatic selling, before rebounding sharply to close up 0.73%. The recovery followed a brutal session on July 13 when KOSPI crashed nearly 9%, triggering circuit breakers and wiping out the 7000-point level, with SK Hynix plunging 15.4% and Samsung Electronics falling 10.7%.

On the policy front, Korea's top four economic departments — the so-called F4 — announced a joint meeting scheduled for Thursday to discuss regulatory measures targeting single-stock leveraged ETFs, which Goldman Sachs identified as the core driver of the recent deleveraging cascade rather than fundamental deterioration. Market expectations for regulatory intervention to curb volatility drove capital flows back into Korean assets.

The fund generally invests at least 80% of its assets in the component securities of the MSCI Korea 25/50 Index, designed to measure the performance of large- and mid-cap equity segments in Korea, with primary exposure to consumer discretionary, financials, and technology companies.

(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.)

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