🟢 Franklin FTSE South Korea ETF is trading 4% up today as South Korean equities rebound from a sharp multi-session selloff

Franklin FTSE South Korea ETF is trading 4% higher today as South Korean equities rebound following a sharp multi-session selloff.

• Improved global risk sentiment and firmer futures are supporting a broader bounce across South Korean ETFs and local markets.
• The recovery helps the fund retrace a portion of last week’s steep decline, which was driven by semiconductor-sector weakness and macroeconomic concerns.
• The ETF, which tracks large and mid-cap South Korean stocks, is currently moving in tandem with the stabilizing local indices.