🔴 277650.KS is trading 6.4% down today amid a Korean mid-cap selloff and semiconductor rout

277650.KS is trading 6.4% down today as Korean mid-cap stocks sell off following a steep plunge in the KOSPI and a broader AI-driven semiconductor rout.

• Risk-off sentiment toward cyclicals and financials within the KOSPI Mid Cap Index is weighing on the fund, reflecting broader index-level weakness.
• The decline is part of a wider market reaction to a global semiconductor rout, despite stabilization in some international markets.
• The move is attributed to macroeconomic and index-wide factors rather than news specific to the Mirae Asset TIGER KOSPI Midcap ETF.