Movement Alert｜Direxion Daily MSCI South Korea Bull 3x Shares Overnight Rise 9.61%, KOSPI Continues Recovery as NVIDIA Earnings Boost Korean Memory Stocks

On August 27, Direxion Daily MSCI South Korea Bull 3x Shares rose 9.61% overnight, trading at $22.3/share, with turnover of $3.8116 million.

On the news front, the Korean KOSPI index closed up 0.97% at 6808.21 points on August 26, with memory giants Samsung Electronics gaining nearly 2% and SK Hynix rising nearly 1%, extending the recovery rally following a prior deep-V reversal. Additionally, Samsung Electronics and SK Hynix plan to increase 8-layer HBM4 memory supply to NVIDIA in the second half. NVIDIA reported earnings after the U.S. close on August 26, with heightened market focus on Blackwell chip shipments and data center revenue guidance further lifting expectations for Korean memory stocks. As a triple-leveraged product, KORU amplifies the underlying index movement.

The fund invests at least 80% of its net assets in financial instruments, such as swap agreements, ETFs that track the index, securities of the index and other financial instruments that provide daily leveraged exposure to the index or to ETFs that track the index. The index is designed to measure the performance of the large- and mid-cap segments of the South Korean equity market, 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.)