🔴 277650.KS is trading 4.4% down today as Korea mid-caps follow sharp KOSPI selloff

277650.KS is trading down 4.4% today as South Korean mid-caps follow a sharp selloff in the broader KOSPI index, reversing recent gains.

• The decline tracks a 5.12% drop in the KOSPI, driven by heavy profit-taking and a significant downturn in the technology sector.
• Sentiment was pressured by an over-8% slide in semiconductor leaders Samsung Electronics and SK Hynix, which triggered a broad retreat across Korean equities.
• The move marks a reversal for the Mirae Asset TIGER KOSPI Midcap ETF, which gave back part of its prior rebound amid the market-wide slump.