Seoul equities opened higher on Tuesday, driven by a wave of bargain hunting in the technology sector that outweighed concerns over escalating tensions involving Iran.
Investors moved to buy into battered tech heavyweights following a sharp sell-off in recent sessions, signaling a shift in sentiment toward value recovery despite the broader geopolitical backdrop.
26% at the open, marking a continuation of the positive momentum that has swept through Asian markets.
The Kospi advanced 0.26% at the open, marking a continuation of the positive momentum that has swept through Asian markets.
This modest gain follows a similar rise on Monday, when regional equities were buoyed by gains in US stocks and a temporary cooling of geopolitical risks in the Middle East.
The market's ability to hold gains suggests that technical buying pressure is currently dominating over macro-driven risk aversion.
The rally comes as investors respond to reports of renewed diplomatic efforts between the United States and Iran.