South Korea's benchmark KOSPI index climbed more than 4% on Wednesday, driven by a surge in technology shares following Alphabet's second-quarter earnings release.
The rally marks the latest leg of a sustained upward move in the Korean market, which has been anchored by strong buying interest in the tech sector.
The advance follows a volatile period for the index, which had previously jumped more than 5% on Thursday to briefly reclaim the psychologically significant 9,000-point level for the first time in weeks.
The advance follows a volatile period for the index, which had previously jumped more than 5% on Thursday to briefly reclaim the psychologically significant 9,000-point level for the first time in weeks.
That earlier session was also characterized by a wave of buying in technology stocks, suggesting that investor sentiment toward the sector remains robust despite recent volatility.
The Korean won strengthened against the dollar during the session, reflecting the broader risk-on mood and capital inflows into Korean equities.
The currency's gain underscores the link between equity performance and foreign investment flows in the region.