🔴 Franklin FTSE South Korea ETF is trading 6.9% down today as South Korea tech exposure sells off on Broadcom-led semiconductor weakness and geopolitical tension

Franklin FTSE South Korea ETF is trading at $64.01 (-6.85%) as Broadcom’s earnings triggered a broader selloff across technology and semiconductor names.

• The ETF is facing additional pressure from renewed U.S.-Iran hostilities, which has sparked a risk-off rotation into industrials and safer assets.
• The decline is consistent with a wider market split where AI and chip stocks are seeing significant profit-taking, weighing on the Nasdaq while the Dow rises.