PLUS Korea Manufacturing Core Alliance Index ETF

KMCA

Börsenwert 7,83 Mio. $

Lee Seung-ho watched the nearly 300 million won ($202,515) stock trading fortune he built with ‌a 500% margin loan evaporate in just four weeks in May, but he plans to borrow again and return to the market the moment he has enough capital.

The Financial Services Commission said Thursday that it would suspend new listings of single-stock leveraged ETFs.

South Korea's central bank raised its base rate for the first time in three-and-a-half years, joining global peers in tightening monetary policy to counter inflationary pressures fueled by the U.S.-Iran conflict.

The cumulative impact of several different narratives – competition, sustainability, excessive leverage, international outflows- has sapped the Korean market of its upward mobility since clocking up a record high in June.

South Korean shares fell sharply for a third consecutive session on Wednesday, with heavy losses in semiconductor stocks and growing concerns over AI-related valuations dragging the benchmark index into bear market territory. The sharp decline followed an early rebound in the session.

Elevated inflation in the country is likely to strengthen the case for the central bank to tighten monetary policy at its rate-setting meeting later this month.

South Korean stocks plunged as investors pulled back from artificial intelligence bets. Meanwhile, a tech-centered camaraderie was on display last week with Nvidia CEO Jensen Huang's night out in Seoul with South Korea's tech corporate royalty, including leaders from SK Group, LG Group and Naver Corp.

Earnings are the principal driver behind the breathtaking rallies achieved by Korean and Taiwanese benchmark indices in 2026, and Goldman Sachs thinks the market is still underestimating the longevity of the chip cycle.

The benchmark consumer-price index rose 3.1% from a year earlier in May, reflecting the effects of higher oil prices amid Middle East tensions and the won's weakness against the U.S. dollar.

News that Samsung management had managed to negotiate successfully with labor unions prompted a steepling rally in SOuth Korean stocks, augmented by the bullish comments from Nvidia's CEO about the AI industry