🟢 Korea leveraged equity ETF (KORU) is trading 2% up on gains in Samsung and SK hynix

KORU is trading at $21.19 (+2.02%) as South Korean semiconductor stocks rebound.

• Samsung Electronics rose 1.17% and SK hynix gained 1.27%, lifting Korea’s semiconductor-heavy equity market.
• The KOSPI advanced 0.46% as investors anticipated another strong month of exports; semiconductor exports were already up 199% in the first 20 days.
• Strong global AI-chip demand supports expectations for South Korea’s August exports to rise 62.6% year over year, benefiting KORU’s leveraged exposure.