The momentum of South Korea’s Kospi index has slowed down, but specific exchange-traded funds (ETFs) in the cosmetics, gold, and biotech sectors have seen significant growth. Notably, the SOL Cosmetics TOP3 Plus ETF has surged 30.09% this month, driven by strong earnings from key cosmetics firms. Precious metals ETFs have also performed well, benefitting from rising gold prices amid market instability. Biotech ETFs are rebounding after a slow month, with the TIGER KOSDAQ 150 Biotech rising 20.35%. Analysts indicate a shift in investment focus from semiconductors to various sectors showing earnings improvements.
Disclaimer: This summary is written by AI, which can make mistakes. Please follow up on any news information from additional sources.
Link to original article source: https://finance.biggo.com/news/59ea9c3d-9a35-4cf2-b4b6-a93973359fce
