KOSPI rebounds from the decline, led by chip stocks with an intraday increase of 2.6%

(1) The benchmark KOSPI index in South Korea rose after five consecutive days of declines, driven by a rebound in chip stocks, at one point rising by 2.6%. The recent downturn has attracted dip buyers. (2) Eugene Investment & Securities analyst Huh Jae-Hwan commented on Tuesday's sharp drop, stating, "The stock price reaction is not normal." (3) In early trading, foreign investors purchased KOSPI stocks worth 39 billion won, and local funds also bought in, while retail investors were sellers. Samsung Electronics, SK Hynix, and Samsung Electro-Mechanics contributed the most to the index's gains.