The South Korean composite stock index rose by 4% driven by technology stocks, after a sharp drop of 10% the previous day.

Driven by the rise in the semiconductor sector, the South Korean composite stock price index rose by up to 4% on Wednesday, after plummeting 10% on Tuesday. Samsung, SK Hynix, and Samsung C&T were the main drivers of the index. Samsung saw the biggest increase on the Korea Exchange, with a rise of up to 8.7%, while SK Hynix rose by 5.2%. Morgan Stanley's team, including analyst Joon Seok, stated in a report: "Fundamentals seem sound, but technicals are more important. We believe this is a breathing rather than a breakthrough decline." The small-cap Kosdaq index rose by up to 1.7%.