FLKR is trading 3.2% up today as South Korean semiconductor leaders rebound following a sharp global tech selloff and a stabilization in risk assets.
- The recovery follows a steep 12.5% drop on June 23, which was triggered by a nearly 10% plunge in South Koreaβs KOSPI index.
- Investors are bargain-hunting major chipmakers including Samsung Electronics and SK Hynix after both stocks suffered double-digit losses in the previous session.
- As these semiconductor giants dominate South Korean indices, their recovery is the primary driver lifting the ETF's performance today.