iShares MSCI South Korea ETF (EWY) hits a new 52-week high as AI-driven semiconductor demand and strong momentum boost Korea-focused equities.
The iShares EWY ETF gives American investors strong exposure to two of the leading global memory-chip makers: Samsung and SK Hynix, which are nearly 50% of the entire portfolio. Both companies are benefiting from a memory-chip shortage that is responsible for a surge in prices for HBM, DDRAM, and NAND memory chips. Much like Taiwan and the huge influx of foreign capital to semiconductor maker TSMC, the surge of capital into South Korea's chip-makers will a spill-over effect on the economy.
Kospi, South Korea's benchmark index, hit an all-time high above 5,600 on Thursday, after gaining about 3.09% in a single trading session. South Korea remains one of Asia's most lucrative markets, with the Kospi surging 79.35% over the past six months and 115.54% over the past year.
iShares MSCI South Korea ETF EWY is probably on the radar for investors seeking momentum. The fund just hit a 52-week high and moved up 169.60% from its 52-week low price of $48.49 per share.
It's quite rare to see a big-name hedge fund picking up shares of an ETF, but whenever it does happen, there may be hints as to where opportunities may lie within a certain corner of the market.
U.S. Trade Representative Jamieson Greer discusses President Donald Trump's decision to raise tariffs on South Korea and a trade agreement between India and the EU on ‘Kudlow.' #fox #media #breakingnews #us #usa #new #news #breaking #foxbusiness #kudlow #trump #donaldtrump #tariffs #trade #economy #business #global #southkorea #korea #imports #policy #government #politics #political #politicalnews #international #markets
Trump's threat to raise tariffs on South Korean imports to 25% puts exporters and ETFs like EWY at risk, as investors brace for renewed trade tensions.
The iShares South Korea ETF was one of the best-performing ETFs last year, gaining more than 90%. The fund is paced by two memory chip stocks, Samsung and SK Hynix.
2025 was a significant year for international investing. Many portfolios keep international exposure in a core sleeve.
iShares MSCI South Korea ETF remains a top-performing country fund, but recent tech-driven weakness prompts a continued "Hold" rating. EWY's valuation is compelling with a 9.6x P/E and sub-1 PEG, yet high volatility and concentration risk demand careful entry timing. Technical momentum has faded; shares are in correction territory with key support at $88.53 and a potential attractive entry near $81.
Following are some of the details released by South Korea's chief policy adviser Kim Yong-beom, shortly after U.S. President Donald Trump said the two nations had reached a trade deal. Washington has not confirmed the details of the agreement.
CNBC's Chery Kang reports from the sidelines of the APEC Summit in Gyeongju, South Korea, as South Korean auto and shipbuilding stocks surge in early trade following the country's landmark trade pact with the U.S.