EWY is trading at $156.29, up 3.08%, with no clear catalyst established.
- South Korea’s underlying market diverged: the KOSPI fell 2.48% late in its session amid concerns about AI spending and selling in major chipmakers.
- Samsung Electronics and SK hynix were both lower.
- U.S. trading was mixed, with the Nasdaq higher; that may support EWY’s U.S.-session bounce, but does not establish a cause for the gain.