South Korea's KOSPI index closed sharply higher on Thursday, jumping more than 5% to briefly reclaim the 9,000-point level.

The broad market rally was anchored by a wave of buying in the technology sector, as investors rushed into semiconductor stocks amid renewed optimism for the industry.

This rally follows reports of a sharp increase in South Korean exports, which surged 52% in the first 20 days of July, largely driven by strong demand for semiconductors.

The surge marks a significant shift in sentiment, with the benchmark index reclaiming the psychologically significant 9,000-point threshold for the first time in weeks.

The move was driven primarily by strength in the chip sector, which has been a key barometer for South Korea's export-led economy.

This rally follows reports of a sharp increase in South Korean exports, which surged 52% in the first 20 days of July, largely driven by strong demand for semiconductors.

The combination of improving trade data and sector-specific buying pressure helped fuel the broad-based market advance.