South Korean equities staged a powerful recovery on Friday, with the benchmark KOSPI index jumping nearly 6 percent as investors rushed to buy discounted semiconductor shares.
The rally followed a previous session where the index had already surged more than 5 percent, briefly reclaiming the psychologically significant 9,000-point level amid a wave of technology sector buying.
The rebound was anchored by bargain hunting in the chip sector, which had faced heavy selling pressure in recent weeks.
Investors appeared to view the recent lows as an entry point, driving a broad-based rally across the technology complex.
The buying interest signaled a potential stabilization in sentiment after a period of volatility that had weighed on the market.
This development marks a significant shift in market dynamics, as the semiconductor sector remains the primary driver of the KOSPI's performance.