South Korea’s benchmark Kospi index closed nearly 1 percent higher on Tuesday, driven by broad-based strength in the technology sector.
The rally reflected sustained investor optimism regarding diplomatic efforts to ease tensions between the United States and Iran, with markets pricing in a potential de-escalation of geopolitical risks.
The technology sector led the advance, as investors rotated into growth-sensitive names amid improving sentiment.
The move marks a continuation of the recent uptrend, with the index closing 0.97% higher in the previous session as well.
Broad-based buying interest returned to the market, suggesting that the recent geopolitical uncertainty is being reassessed by traders.
The rally was underpinned by hopes that upcoming US-Iran talks could lead to a reduction in regional tensions, which have weighed on global risk appetite.