🔴 Franklin FTSE South Korea ETF is trading 3.4% down today on South Korea tech selloff following Broadcom AI-chip update

Franklin FTSE South Korea ETF is trading 3.4% down in after-hours trading as investors extend a sharp rotation out of South Korea’s tech-heavy equity market following Broadcom’s disappointing AI-chip update and guidance reaction.

• The ETF’s concentrated exposure to Korean semiconductor leaders and broader technology names is amplifying the risk-off move.
• Geopolitical tensions and a weaker tone in global growth and AI-linked assets are adding further downward pressure on the fund.