EWY is trading 5.3% up at $207.70 in pre-market action, extending a sharp rebound after recent volatility tied to South Korean tech and AI sentiment.
- The move follows significant strength in South Korea’s domestic market, where heavyweight technology names like Samsung Electronics and SK Hynix have been the primary drivers of the recent upside.
- The gains align with a broader risk-on tone across global equities, as investors rotate back into the Korea complex following a period of sector-specific turbulence.