South Korea's benchmark Kospi index closed higher on Tuesday, as investors seized on bargain-hunting opportunities in the technology sector to offset lingering concerns over escalating tensions involving Iran.
The rally was driven by a wave of buying into battered tech heavyweights, which had previously sold off on broader risk aversion.
The market's ability to push higher signals that domestic sentiment is beginning to decouple from the immediate shock of geopolitical instability.
While the Strait of Hormuz shipping risks continue to weigh on global energy and logistics narratives, Seoul's equity market demonstrated resilience by focusing on valuation resets in the tech space.
This development follows a session where Seoul equities opened higher, setting the tone for a day where technical rebounds in key sectors outweighed macro fears.
The Kospi's close near the top of its range suggests that traders are willing to take positions on dips, provided the geopolitical situation does not deteriorate further into a direct supply-chain disruption.