🟢 South Korea ETF (EWY) is trading 3.8% up today after an 8.13% decline

EWY is trading at $176.48, up 3.78%, appearing primarily to reflect a technical rebound and temporary ETF pricing dislocation after its 8.13% decline on August 18.

• South Korea’s KOSPI fell 5.80% on August 19; Samsung Electronics and SK Hynix plunged 7.82% and 9.75%, respectively.
• Rising global bond yields and the semiconductor selloff pressured Korean equities, while U.S. investors digest the overnight rout and EWY remains highly volatile.