On July 6, Direxion Daily South Korea Bull 3X Shares (KORU) rose 16.36% in pre-market trading, trading at $631.46/share, with turnover of $7.27 million.

On the news front, multiple positive catalysts converged to boost Korean market sentiment. South Korea officially launched 24-hour KRW/USD spot trading on July 6, regarded as the most fundamental foreign exchange regime reform since 1997, aimed at enhancing capital market international competitiveness and advancing the country's bid for MSCI Developed Market index inclusion. The Bank of Korea stated it would closely monitor the impact and trends of round-the-clock won trading.

Additionally, on July 3, the KOSPI index staged a dramatic V-shaped recovery with nearly 10% intraday volatility before closing up 5.76%, with Samsung Electronics surging over 8% and SK Hynix rallying over 10%. This sharp rebound followed a severe sell-off on July 2 when KOSPI plunged approximately 7.9%, triggering circuit breakers after KOSPI 200 futures fell 5%.

The fund invests at least 80% of its net assets in financial instruments providing daily 3x leveraged exposure to the MSCI Korea 25/50 Index, covering approximately 85% of the free float-adjusted market capitalization of South Korean issuers.

(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.)