🟢 277650.KS is trading 3% up today as Korean mid-caps rebound from BoK shock

277650.KS is trading 3% up today as Korean mid-cap equities stage a partial recovery following the Bank of Korea’s surprise 25 bp rate hike.

• The ETF is rebounding from sharp losses incurred during the July 20–21 selloff, which was triggered by the unexpected tightening of monetary policy.
• Market sentiment is stabilizing as investors reassess the impact of higher borrowing costs on mid-sized firms and adjust positions following the initial shock.
• The move reflects a broader correction in the KOSPI mid-cap segment after the hawkish policy move led to a significant short-term valuation drop.