Movement Alert｜Direxion Daily South Korea Bull 3X Shares Falls 14.1% in Regular Trading, Apple and Microsoft Price Hikes Spark AI Inflation Fears Triggering Second Korean Market Circuit Breaker

On June 26, Direxion Daily South Korea Bull 3X Shares declined 14.1% in regular trading, trading at $725.0/share, with turnover of $280 million.

On the news front, Apple and Microsoft successively announced product price increases to offset cost pressures from memory chip shortages driven by AI data center expansion. The market fears that AI infrastructure costs transmitting to consumer-end pricing could undermine terminal demand, prompting a broad repricing of the semiconductor sector. The Korean KOSPI index plunged as much as 8.2% intraday, triggering the circuit breaker mechanism for the second time this week and halting trading for 20 minutes. Samsung Electronics and SK Hynix both fell over 9%. As a triple-leveraged product tracking the South Korean equity market, KORU fully amplified the underlying index decline.

The fund invests at least 80% of its net assets in financial instruments providing daily leveraged exposure to the MSCI Korea 25/50 Index, covering 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.)