500061.KS is trading 17.3% down today as a sharp rebound in the KOSPI 200 index, led by semiconductor stocks, reduces demand for inverse hedging instruments.
- The recovery in both cash and futures markets has eased the recent semiconductor-led selloff, improving overall risk sentiment in Korean equities.
- Investors are exiting bearish positions and inverse KOSPI 200 exposure as the large-cap benchmark stages a strong recovery.