On July 23, Direxion Daily MSCI South Korea Bull 3x Shares rose 8.96% in pre-market trading, trading at $22.53/share, with turnover of $4.18 million.

On the news front, the Korean KOSPI index surged over 3% and reclaimed the 7000-point level, with Samsung Electronics rising over 4% and SK Hynix climbing over 4.5%, extending a strong rebound. JPMorgan noted that Korean stock leveraged ETF unwinding has completed approximately 75%, suggesting the most violent selling phase may have passed, while maintaining a KOSPI 12-month target of 12,500 points. Meanwhile, Koreas president urged regulators to swiftly improve the leveraged ETF framework, and the Financial Services Commission moved to accelerate implementation of new supervisory rules. These developments reinforced policy-bottom signals, driving bullish sentiment toward the 3x leveraged ETF.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI 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.)