The KOSPI index, which is the benchmark for the Korean stock market, rose after five days of decline. It once rose 2.6%, driven by a rebound in chip stocks. The recent decline has attracted bargain buyers. Speaking about Tuesday's sharp drop, Huh Jae-Hwan, an analyst at Eugene Investment & Securities, said, “The stock price reaction is not normal.” Foreign investors bought 39 billion won worth of KOSPI shares in early trading; local funds also bought one after another, while retail investors sold them. Samsung Electronics, SK Hynix, and Samsung Electric contributed the most to the rise in the index.

The KOSPI index, which is the benchmark for the Korean stock market, rose after five days of decline. It once rose 2.6%, driven by a rebound in chip stocks. The recent decline has attracted bargain buyers. Speaking about Tuesday's sharp drop, Huh Jae-Hwan, an analyst at Eugene Investment & Securities, said, “The stock price reaction is not normal.” Foreign investors bought 39 billion won worth of KOSPI shares in early trading; local funds also bought one after another, while retail investors sold them. Samsung Electronics, SK Hynix, and Samsung Electric contributed the most to the rise in the index.