South Korea’s benchmark Kospi rebounded on Tuesday, rising 8.2% to 8,096.93 and reversing most of the prior session’s decline. The index had dropped 8.3% on Monday to close at 7,484.41, marking its largest one-day fall since March 4.

This sharp decline on Monday was driven by a broader technology selloff linked to AI-related trading. On Tuesday, the recovery was led by memory-chip shares, including major domestic semiconductor companies.

These gains helped lift the broader market after the previous session’s sharp losses.