🟢 Korea leveraged equity ETF (KORU) is trading 5.76% up as NVIDIA earnings reignite Asian tech stocks

KORU is trading 5.76% up as NVIDIA’s stronger-than-expected results and upbeat outlook reignited confidence in Asian semiconductor and technology stocks.

• South Korea’s KOSPI opened 2.76% higher; Samsung Electronics and SK hynix advanced on expectations of sustained AI-chip demand.
• The Bank of Korea’s 25-basis-point rate hike to 3% tempered Korea’s rally but did not overturn broader technology-led bullish sentiment.
• KORU’s leveraged exposure to Korean equities is amplifying the move.