South Korea’s benchmark Kospi index closed 0.97% higher on Tuesday, marking a strong finish to the session as broad-based strength in the technology sector drove investor sentiment.
The rally was underpinned by sustained optimism regarding diplomatic efforts to ease geopolitical tensions, particularly ahead of upcoming talks between the United States and Iran.
The market advance followed a positive start to the week, with the index having closed nearly 1% higher the previous day.
The market advance followed a positive start to the week, with the index having closed nearly 1% higher the previous day.
Late Tuesday morning trading saw stocks extend their gains, building on overnight momentum from Wall Street.
The technology sector emerged as the primary engine of the rally, reflecting investor confidence in the region’s export-oriented growth model amid improving global risk appetite.
The focus on US-Iran negotiations highlights the market’s sensitivity to geopolitical risk premiums.