🔴 KOSPI Midcap ETF (277650.KS) is trading 3.1% down as investors rotate into large-cap semiconductor leaders

277650.KS is trading at KRW 20200.00 (-3.12%), with the decline primarily driven by rotation away from Korean mid-cap shares into large-cap semiconductor leaders, particularly Samsung Electronics and SK hynix.

• Higher Treasury yields, crude oil near $90, and renewed U.S.-Iran tensions favored defensive positioning and amplified selling in growth-sensitive mid-cap stocks.
• The ETF fell from its August 18 close of KRW 20850.00.