South Korea's benchmark Kospi index surged 14% in early trading on Friday, following a cumulative decline of 17% over the prior three sessions.
The sharp recovery was led by a powerful rebound in semiconductor stocks, fueled by a strong overnight rally in their US counterparts. SK Hynix shares skyrocketed more than 27%, while Samsung shares advanced over 20%.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.