EWY is trading at $186.75, +3.00%, driven by South Korean semiconductor shares.
- South Korea’s KOSPI gained 1.65% on September 21, reclaiming 7,000 as semiconductor shares rebounded.
- Samsung Electronics surged 4.98% and SK Hynix rose 0.59%, providing the main large-cap lift for EWY; the rally followed strength in U.S. chip stocks, including NVIDIA, Broadcom, AMD, and Micron.
- Firm global equity futures and easing oil-price concerns also supported broader risk sentiment.