EWY is trading at $168.14 (+3.08%), driven by South Korean semiconductor strength.
- Samsung Electronics surged 4.13%, lifting Korea’s semiconductor-heavy benchmark.
- South Korea’s early-August exports rose 45.3%, while semiconductor exports jumped 155.4% year-over-year; a planned 5 trillion-won semiconductor fund added support for AI-chip investment sentiment.
- EWY is outperforming the largely flat U.S. market as investors rotate into South Korean technology shares, while the won’s modest strengthening provides a small translation benefit for dollar-based investors.