🔴 South Korea ETF (EWY) is trading 3.43% down after Samsung gave no shareholder-return execution details

EWY is trading at $160.22, down 3.43%, after Samsung Electronics reported third-quarter results without specific execution details for much of its planned shareholder returns.

• Samsung shares fell 4.13%; the KOSPI closed down 1.24%, while SK hynix gained 2.62%, indicating pressure was concentrated in Samsung.
• EWY’s decline followed the prior session’s sharp rally, adding to the reversal in Korean equities.