The benchmark KOSPI index surged 6.6 percent to close at 2,445.06, marking its strongest single-day gain in months. The tech-heavy KOSDAQ index also posted a robust advance, rising 5.97 percent to finish at 681.79. Foreign investors purchased roughly 1.1 trillion won ($753 million) worth of stocks and derivatives.
Technology shares led the rebound. Samsung Electronics climbed 6.42 percent and SK hynix soared 11.03 percent. LG Energy Solution, a major player in the electric vehicle battery market, posted the day's strongest gain among blue-chip stocks, jumping 11.31 percent.
The South Korean won also gained 27.7 won against the U.S. dollar to close at 1,456.4.
“Sectors that had been under heavy pressure from tariff-related uncertainty saw a sharp rebound,” said Lee Kyung-min, an analyst at Daishin Securities. “Secondary battery and shipbuilding stocks also benefited from ongoing policy dynamics surrounding China.”
Still, Lee cautioned that market turbulence could persist. “Expanded volatility remains inevitable as negotiations proceed and new risks emerge,” he said.
reporter
Kim Dong-young
davekim0807@ajupress.com
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