🔴 Franklin FTSE South Korea ETF is trading 5% down today on global semiconductor and tech selloff

Franklin FTSE South Korea ETF is trading sharply lower at $62.43 in pre-market action, a decline of -5% from its previous close, as a global semiconductor and tech selloff intensifies.

• The move extends a multi-day slide triggered by Broadcom’s disappointing AI-chip update and guidance, which has sparked a rotation out of high-valuation tech names.
• The ETF’s heavy exposure to the South Korean tech sector remains under pressure as U.S. futures signal softer sentiment ahead of the upcoming jobs report.