South Korea’s benchmark Kospi index opened 1.2% higher on Thursday, driven by a wave of bargain hunting among local investors.
The sharp advance marks a significant acceleration in buying interest compared to the modest gains seen in previous sessions, signaling a shift in sentiment as traders seek value in the market.
The rally reflects growing confidence among domestic participants who view recent price declines as an opportunity to accumulate positions.
This surge in activity has helped stabilize the index, which had faced pressure in earlier trading days.
The move underscores the resilience of local investor appetite despite broader market volatility.
According to The Korea Herald, the buying spree was broad-based, with multiple sectors benefiting from the renewed interest.