EWY is trading at $192.56, up 3.47%, as Micron’s strong results and record Korean semiconductor exports bolster chip-sector sentiment.
- Thursday’s KOSPI rally was led by semiconductor stocks.
- The broader U.S. market is higher after weaker-than-expected U.S. jobs data eased rate-hike concerns; falling Treasury yields support risk appetite.
- Seoul gains were more modest: the KOSPI closed up 0.46% Friday after opening lower, making the supplied live EWY move stronger than local index performance.