The benchmark KOSPI rose 0.9% to around 3,880 on Tuesday, rebounding from losses in the previous session as hopes of a near-term US rate cut boosted investor sentiment. Investors tracked a sharp rebound on Wall Street overnight after Federal Reserve officials signaled a more accommodative policy stance, easing concerns about tighter financial conditions. Renewed optimism in the AI trade also supported sentiment, helping lift Korean tech heavyweights as worries over inflated valuations moderated. Samsung Electronics advanced 2.8%, LG Energy Solution added 0.7%, Hyundai Motor gained 1.4%, KB Financial Group jumped 2.2%, Celltrion climbed 2.3%, and Kia Corporation edged up 0.5%. At the same time, domestic confidence improved further after Korea’s consumer sentiment index reached an eight-year high, reflecting support from the recently finalized US tariff agreement and stronger-than-expected third-quarter GDP growth.
