South Korea's benchmark KOSPI index surged nearly 6 percent on Friday, marking a powerful recovery for the market as bargain hunters returned to the sidelines.
The rally was driven primarily by a wave of buying in the technology sector, with semiconductor stocks leading the charge after recent declines had pushed valuations to attractive levels for investors.
The sharp rebound followed a previous session where the index had already jumped more than 5 percent, briefly reclaiming the 9,000-point level.
That earlier move was similarly anchored by strong demand for chipmakers, suggesting a sustained shift in sentiment as traders sought to capitalize on oversold conditions in the sector.
The semiconductor industry remains a critical pillar of South Korea's equity market, and the renewed interest in chip stocks signals that investors are increasingly comfortable with current risk levels.
The buying pressure indicates that the recent sell-off may have been overdone, with market participants viewing the dip as a buying opportunity rather than a sign of deeper structural weakness.