On September 21, Direxion Daily MSCI South Korea Bull 3x Shares rose 8.38% in pre-market trading, trading at $21.6594/share, with turnover of $12.6289 million.
On the news front, South Korean customs data revealed that exports during the first 20 days of September surged 78% year-over-year to $71.4 billion, marking the highest 20-day figure on record. Semiconductor exports skyrocketed 259% to $34.12 billion, accounting for 47.8% of total exports and extending a 15-month consecutive growth streak driven by surging global AI demand. Imports rose 26.7% to $48.4 billion, yielding a trade surplus of $22.97 billion.
The data propelled the KOSPI index to open up 0.6% and extend gains to 1.1%, with Samsung Electronics climbing 3% and SK海力士 edging up 0.22%. As a triple-leveraged ETF tracking the MSCI South Korea Index, KORU amplified the underlying market rally.
The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI South Korea Index, which covers approximately 85% of the free float-adjusted market capitalization of South Korean issuers. It is non-diversified.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)