South Korea's stock benchmark Kospi index rose as much as 4.5% on Tuesday after tumbling 8.8% on Monday. Local and foreign funds bought, while retail investors sold. Samsung Electronics, SK Hynix and LG Energy Solutions were the biggest contributors to the index's gains, with technology, automobiles and chemicals leading the gains. The small-cap Kosdaq index rose as much as 5.7%, the biggest gain since November 2023.
Earlier, after Kospi 200 and Kosdaq 150 index futures rose more than 5%, program trading buying was suspended for 5 minutes from 09:06 local time. (Jinshi)