🟢 277650.KS is trading 4% up today as South Korean mid-caps recover from recent selloff

277650.KS is trading 4% up today as South Korean mid-cap stocks rebound from a sharp selloff earlier this week.

• The recovery follows a 5.12% drop in the broader KOSPI on August 3, which was driven by heavy profit-taking and the unwinding of leveraged positions.
• Improved risk sentiment and stabilization in Korean semiconductor and AI-related names are helping the TIGER KOSPI Midcap ETF retrace a portion of its recent losses.
• The move reflects broader market stabilization as investors move back into mid-cap equities following the recent volatility.