PLUS Korea Defense Industry Index ETF Price & Performance (KDEF)

Domestic markets managed to hold steady despite a sharp sell-off in Asia following Wall Street’s downturn. Analysts suggest a consolidation phase may continue as no significant local catalysts are present. Investors are closely monitoring global trends for the next market movement.1

Hanwha Asset Management's PLUSK Defense ETF has doubled in value over three months, fueled by rising global defense spending. European rearmament and Middle Eastern demand for weapon upgrades are driving growth. Analysts predict a long-term expansion in the defense sector, benefiting Korean and global players.23

Federal Reserve Chair Jerome Powell has highlighted economic unpredictability, adding to investor concerns. Recent data shows declining consumer sentiment and a contraction in services PMI. These indicators, coupled with inflation fears, suggest potential challenges ahead for the U.S. economy.4