🔴 Korean equities ETF (FLXK.DE) is trading 3.58% down on October 30, 2026, amid AI spending doubts

FLXK.DE is trading at €78.10, down -3.58%, as doubts over sustainable AI investment pressure Korean semiconductor shares.

• South Korea’s KOSPI fell 3.48%; SK hynix dropped 7.08% and Samsung Electronics fell 3.02%, weighing on the Korea-focused ETF.
• The selloff followed weaker-than-expected global tech results and scrutiny over whether AI infrastructure spending will deliver returns.
• Samsung’s earnings miss and lack of shareholder-return details added pressure to Korean shares on October 29.