KORU is trading at $18.78, down 2.39%, as South Korean shares fell sharply on October 8 amid foreign and institutional selling in major semiconductor stocks.
- The KOSPI closed down 2.62%; Samsung Electronics fell 2.42% and SK hynix fell 2.44%.
- Higher U.S. Treasury yields, renewed energy-price concerns and caution about semiconductor valuations added pressure. Samsung’s record profit forecast did not prevent the selloff.