Franklin FTSE South Korea ETF is trading 3.1% lower as investors continue to react to the sharp South Korean equity selloff following the June 8 Black Monday KOSPI plunge and semiconductor-led rout.
- The downward move is intensified by a broader global risk-off backdrop, with major U.S. indices falling between 1.5% and 2%.
- Persistent volatility in Korean assets remains high as the market processes the fallout from the recent domestic equity crash and international selling pressure.