Direxion Daily Korea Bull 3x Shares ETF

South Korea Launches Fund for AI and High-Tech Firms and Launches AI Talent Training Program

KOSPI posts largest single-day gain since 2008 crisis

InMed Pharmaceuticals

NextNRG

AMPLITECH GROUP INC. USD0.001 S/R 20/11/26 SER B

Amesite

AMPLITECH GROUP INC. COM USD0.001 (S/R 18/07/2026)

Meiwu Tech

QUARTZSEA ACQUISITION CORP ORD USD0.0001 (18/02/2030) (S/R)

CN Energy

Generation Income Properties

MetaVia

KORU

The KOSPI index in South Korea has seen a notable decrease, with its intraday losses expanding to 5%, according to Odaily. The index is currently reported at 7,423.16 points.

CoinLive

ISHRS MSCI S Korea Capped

KOSPI Index Experiences Significant Decline

FLKR

HKOD

KOSPI PanicKorea’s AI melt-up is finally starting to wobble. What began as an underowned upside squeeze has turned into full-blown upside panic, with volatility exploding higher as investors aggressively chase exposure into an increasingly vertical move.Spot up, vol up. That is when upside panic starts becoming unstable.

ZeroHedge

BlackRock, Inc.

Korea Fd

Franklin FTSE South Korea

HSBC MSCI Korea Capped UCITS ETF

Korea’s Upside Panic Just Turned Dangerous

South Korea's KOSPI index opened at 7,093.01, maintaining its position above the 7,000 mark and extending its record-breaking streak. According to NS3.AI, the index later traded at 7,237.49, marking a 4.33% increase from the previous trading day.

STOCKS | South Korea's KOSPI Surpasses 7,000 Mark, Continues Record Run

S Korea's S&P Manufacturing PMI rose to 53.6 in April, the highest in over four years, indicating strong output and new orders. Despite rising raw material prices, companies increased output prices, leading to record inflation rates. Employment grew for the second month, but business confidence fell due to uncertainties from the Middle East conflict. Supplier delivery times worsened significantly, and purchasing activity expanded despite inventory declines.

- The S&P Global announced that South Korea's seasonally adjusted manufacturing PMI rose from 52.6 in March to 53.6 in April, remaining above the neutral mark of 50.  
- This is the highest level since February 2022, driven by strong output growth and a surge in new orders due to customers building safety stocks amid rising prices and delivery delays.  
- However, input cost inflation reached its highest since April 2004, as businesses passed on higher costs to customers, leading to a record increase in output prices amidst declining business confidence.

AASTOCKS News

S&P Global

S Korea Apr S&P Manufacturing PMI Rises to 53.6, Hits Over Four-Year High

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Japanese and South Korean stock markets opened and closed higher on May 7. The Nikkei 225 index rose by 3320.72 points (5.58%) to a record high of 62833.84 points, while the KOSPI index increased by 105.48 points (1.43%) to 7490.04 points.

Japan Agricultural Cooperatives Group

Asset Management One Co., Ltd.

Nomura Holdings, Inc.

Mitsubishi UFJ Financial Group, Inc.

Pro Ultrshrt Yen

Japanese and South Korean stock markets opened higher and closed higher, with Japanese stocks continuing to hit new highs.

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The Direxion Daily MSCI South Korea Bull 3X Shares (KORU) has experienced a significant outflow of approximately $422.6 million, marking an 18.5% decrease in shares outstanding week-over-week, from 2,979,924 to 2,429,924. The ETF's 52-week price range is between $43.20 and $899.66, with the last trade at $892.60. This outflow indicates a notable shift in investor demand, impacting the underlying holdings of the ETF.

nasdaq

XL2CSOPSMSN

XI2CSOPSMSN

SAMSUNG SEMICON

XL2CSOPSMSN-U

XI2CSOPSMSN-U

Nasdaq

Direxion Daily MSCI South Korea Bull 3X Shares Experiences Big Outflow

The squeeze that won’t stopKOSPI isn’t just rallying… it’s squeezing.Correlations are breaking. Oil doesn’t matter. Even SOX is starting to matter less.

KOSPI Is Ripping… And Ignoring Everything

On April 28, the Seoul Composite Index in South Korea rose by 1% to 6,681.43 points, setting a new record high.

South Korean stocks hit a new record high

IKOR

The new governor of the Bank of Korea, Shin Hyun-song, has committed to advancing blockchain finance, focusing on central bank digital currencies (CBDCs) and deposit tokens. In his inaugural speech, he emphasized the need for price stability and structural economic reforms while omitting any mention of stablecoins, despite their growing importance in South Korea's digital landscape. The Bank plans to expand CBDC initiatives and collaborate on global projects to enhance the Korean won's role in digital finance, while discussions on a legal framework for stablecoins are expected to resume post-elections.

- The new governor of the Bank of Korea, Shin Hyun-sung, pledged to support blockchain-based financial innovations and emphasized the central bank's role in stabilizing prices amid supply shocks.  
- Shin announced plans to expand the use of central bank digital currency (CBDC) and deposit certificates through the ongoing Han River project and to enhance the won's role in global payment systems via international collaborations.  
- Notably, he did not mention stablecoins linked to the won, despite their growing importance in Korea's digital transformation, as lawmakers work on a legal framework for local stablecoins.

The Block

iShares MSCI Korea UCITS ETF USD (Dist)

Bank of Korea’s new chief vows to push CBDC, deposit tokens; leaves out stablecoins

The Korea Composite Stock Price Index expanded its gain to 1.1%, reaching 6,257.36 points, marking an ATH (All-Time High) since February 27

Wallstreetcn

Direxion Daily Korea Bull 3x Shares ETF(KORU.US)

KOSPI Index Experiences Significant Decline

Korea’s Upside Panic Just Turned Dangerous

STOCKS | South Korea's KOSPI Surpasses 7,000 Mark, Continues Record Run

S Korea Apr S&P Manufacturing PMI Rises to 53.6, Hits Over Four-Year High

Japanese and South Korean stock markets opened higher and closed higher, with Japanese stocks continuing to hit new highs.