South Korean stocks tumbled Thursday as a broad semiconductor selloff spread from Wall Street to Asia, dragging the benchmark index, Korea Composite Stock Price Index, lower after heavy losses in SK Hynix Inc and Samsung Electronics Co.
The selloff puts U.S.-listed South Korea-focused ETFs in focus, including the iShares MSCI South Korea ETF (NYSE:EWY), Direxion Daily South Korea Bull 3X ETF (NYSE:KORU) and Franklin FTSE South Korea ETF (NYSE:FLKR).