FLKR is trading 5.9% up today as global risk appetite returns following a sharp selloff in South Korean equities and AI-related tech stocks.
- The rebound is driven by a stronger global risk-on tone following Micronβs earnings-fueled AI rally and higher U.S. equity futures.
- Sentiment toward Korean equities has improved significantly, with the ETF now trading well above its June 24 close.
- Broad buying across South Korean stocks is lifting the fund in tandem with the wider market recovery.