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Single-stock leverage ETFs see 10 trillion won turnover on first day, KOSPI semiconductor concentration deepens

Single-stock leverage ETFs that track Samsung Electronics and SK Hynix at twice the daily move recorded more than 10 trillion won in turnover on their first day of trading. The products rose by double digits as the chipmakers surged, but market breadth narrowed. The KOSPI closed up 2.25 percent while only 75 stocks rose and 826 fell. The Kosdaq dropped 3.36 percent, with declines dominating.