🔴 Korea ETF (FLXK.DE) is trading 3.39% down today amid escalating U.S.-Iran tensions

FLXK.DE is trading at €88.34 (-3.39%) as macro pressures weigh on Korean equities.

• South Korea’s KOSPI fell 1.66% as oil traded above $100 and Treasury yields rose.
• Escalating U.S.-Iran tensions heightened concerns about energy-supply disruptions, inflation, and tighter monetary policy.
• A hotter U.S. PPI report and broader global risk-off trading pressured Korean technology and growth stocks; the decline appears primarily macro-driven rather than ETF-specific.