--- title: "Weekly Recap | EWY.US -3.93%, dip then partial rebound" type: "News" locale: "en" url: "https://longbridge.com/en/news/299517545.md" description: "EWY.US fell 3.93% this week to close at $181.31, while the S&P 500 slipped just 0.08%, leaving the ETF underperforming by roughly 3.85 percentage points. The week traced a bumpy, lower-then-higher path: Monday opened at $178.50, Wednesday marked the week’s trough at $173.90, Thursday bounced to a high of $183.42, and Friday settled at $181.31. The full-week range was 5.34%. Daily volume averaged 12.5m shares, about 30% below the 60-day median of 17." datetime: "2026-09-19T07:26:12.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/299517545.md) - [en](https://longbridge.com/en/news/299517545.md) - [zh-HK](https://longbridge.com/zh-HK/news/299517545.md) generator: "portal-rs" --- # Weekly Recap | EWY.US -3.93%, dip then partial rebound ## The Week EWY.US fell 3.93% this week to close at $181.31, while the S&P 500 slipped just 0.08%, leaving the ETF underperforming by roughly 3.85 percentage points. The week traced a bumpy, lower-then-higher path: Monday opened at $178.50, Wednesday marked the week’s trough at $173.90, Thursday bounced to a high of $183.42, and Friday settled at $181.31. The full-week range was 5.34%. Daily volume averaged 12.5m shares, about 30% below the 60-day median of 17.8m, pointing to thinner participation. The close still sits above the 60-day moving average of $176.27 but below the 20-day average of $181.14, a sign of near-term drag against a firmer medium-term backdrop. ## Sector News Korean market headlines this week centred on the AI supply chain and the US policy environment. SK Hynix continued to deepen its US AI memory push, with talks over Intel’s Ohio project drawing particular attention, while Hanmi Semiconductor outlined AI-driven expansion and US market ambitions. Semiconductor heavyweights dictated the KOSPI’s rhythm: early in the week, Middle East tensions and a pullback in AI-heavy Asian shares weighed on the index; midweek, the KRX launched after-hours trading with heavy first-day volume and volatility; Friday saw SK Hynix jump more than 6% and Samsung climb, lifting the KOSPI toward the 6,900 level. On the macro side, South Korea’s August PPI rose 7.9% year on year, the finance minister nominee pledged price stability and growth, and temporary fuel tax cuts were extended through November. ## The Week Ahead The coming week brings a busy run of US macro data. Tuesday, 22 September, features the Richmond Fed composite index (prior 4); Wednesday, 23 September, brings weekly EIA crude and Cushing inventory reports; Thursday, 24 September, packs initial jobless claims, the current account balance, new home sales (forecast 0.608 vs prior 0.607), and EIA natural gas storage. Against this, the SK Hynix–Intel supply talks, Hanmi Semiconductor’s US push, and the newly launched after-hours trading regime make Korean semiconductor and export names the key area to watch for reactions to US inventory and labour data. ## In Short EWY.US spent the first half of the week absorbing geopolitical noise and profit-taking in AI-heavy names, then clawed back much of the drop as semiconductors rebounded on Friday, though it still trailed the S&P 500 by a wide margin. Valuation is not cheap at roughly 50.5x earnings and 2.9x book. The latest session’s flows show large and medium orders as net buyers while small orders were net sellers, highlighting a split between institutional and retail positioning. The question ahead is whether the semiconductor-led repair can hold once US inventory, jobs, and housing data land, and how the won and external demand feed back into index heavyweights. *This article is generated by LongbridgeAI from market data, for information only and not investment advice.* ### Related Stocks - [EWY.US](https://longbridge.com/en/quote/EWY.US.md) - [KORU.US](https://longbridge.com/en/quote/KORU.US.md) ## Related News & Research - [Hanmi Semiconductor outlines AI-driven expansion and U.S. push in upcoming IR calls](https://longbridge.com/en/news/298847283.md) - [Duzon Bizon showcases ONE AI at K-ICT Week in Busan 2026](https://longbridge.com/en/news/298669813.md) - [Korea’s ITM Semiconductor recovers $2.5M out of $9.3M embezzlement in Vietnam](https://longbridge.com/en/news/299430001.md) - [Traders Flock To Bullish Chinese Options Bets As AI Alternative](https://longbridge.com/en/news/298153521.md) - [Amicogen flagged as disclosure violator over withdrawn share sale, control-change deal](https://longbridge.com/en/news/300287631.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**