EWY is trading at $186.08 (+3.06%) as broad South Korean market strength lifts Korean equities.
- South Korea’s KOSPI rose 1.64% on September 4, led by foreign and institutional buying.
- Strong semiconductor-led exports and an extended July current-account surplus supported Korean equities.
- Fed Governor Christopher Waller’s cautious stance eased concerns about further U.S. rate hikes, improving risk appetite; chip-heavy large-cap stocks led the advance rather than a single-company catalyst.