Franklin FTSE South Korea ETF is trading down at $63.49 (-7.61%) amid a broad rotation out of technology and AI-related semiconductors.
- The move follows a semiconductor selloff triggered by Broadcom’s post-earnings results, which has impacted global sentiment toward chip-heavy markets.
- Escalating U.S.–Iran tensions are driving global risk aversion, placing additional pressure on growth assets and South Korean large- and mid-cap equities.