KORU is trading at $20.79, down 4.00%, as South Korean equities fall.
- The KOSPI dropped 2.7% on September 28, as investors sold large-cap technology shares, including Samsung Electronics and SK hynix.
- The Korean market reopened after the Chuseok holiday to heavy foreign and institutional selling.
- Elevated U.S. Treasury yields and higher oil prices also weighed on sentiment; KORU targets 300% of its indexβs daily performance, amplifying the underlying market move.