🔴 Focused Region ETF (EWY) is trading 4.5% down today as South Korean equities reversed sharply

EWY is trading at $176.70, -4.54%, as global risk-off pressure is amplified by Korea’s concentrated semiconductor exposure.

• KOSPI opened strongly but closed 1.55% lower as institutional selling and profit-taking overwhelmed semiconductor gains; Samsung Electronics fell 2.19%, while SK hynix remained higher.
• Rising U.S. Treasury yields and renewed U.S.-Iran truce uncertainty pressured Korean risk assets and growth-sensitive technology shares.
• The decline follows EWY’s extended rally, including a 2.98% gain on August 17, 2026, making profit-taking more likely.