South Korea's KOSPI Surges 4% as Asian Stocks Rebound

South Korean stocks rallied sharply on Tuesday, with the KOSPI gaining approximately 4% as Asian markets recovered from last week's heavy selloff, according to Reuters.
The rebound followed a strong session on Wall Street and a decline in oil prices as investors assessed renewed diplomatic efforts between the United States and Iran. Lower energy prices helped ease concerns about inflation and pressure on Asian economies.
South Korea's semiconductor-heavy equity market has been particularly sensitive to volatility in global AI stocks. Samsung Electronics and SK Hynix remain closely watched as investors reassess demand for memory chips and data center infrastructure.
Despite the recovery, the market remains exposed to changes in US technology valuations, foreign investor flows and geopolitical developments.