Semiconductor stocks fuel recovery
South Korea’s Kospi opened strongly higher on Friday as investors returned to semiconductor shares following the previous session’s heavy sell-off. Early trading saw the benchmark index rise by more than 1%, with gains extending as bargain hunters entered the market.
Chipmakers lead the advance
Leading technology companies were among the strongest performers, helping lift broader market sentiment. Investors viewed the previous day’s sharp decline as an opportunity to rebuild positions, while improved regional sentiment across Asian markets also supported buying activity.
Focus shifts to global outlook
Although the recovery was encouraging, traders remain alert to developments surrounding global semiconductor demand, inflation trends and future interest-rate expectations. Currency movements and upcoming economic releases are also expected to influence trading throughout the day.
Newshub Editorial in Asia – 3 July 2026
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