South Korea’s benchmark index snapped a three-day decline as semiconductor shares rallied amid broader tech sector strength.
South Korea’s Kospi index climbed 8.2% on Tuesday, halting a three-day losing streak as chip stocks led the rebound. Samsung Electronics and SK Hynix, two of the index’s largest components, drove gains following a rally in U.S. tech shares.
The advance followed a sharp selloff in prior sessions, with the Kospi under pressure from global market volatility. Semiconductor stocks have been a key focus for investors amid shifting demand expectations and supply chain adjustments.
No immediate market reaction details were provided, but the rebound aligns with broader risk-on sentiment in Asian equities.