MKOR is trading at $59.09, down 3.71%, as South Korean technology shares led a sharp equity sell-off.
- On October 12, the KOSPI fell 3.65%; Samsung Electronics and SK hynix dropped 4.39% and 4.52%, respectively, amid semiconductor ETF rebalancing and concerns their share-buyback support had ended.
- Renewed Middle East tensions lifted oil and revived inflation worries, pressuring risk assets; foreign investors were net sellers of 2.02 trillion won in Korean shares.