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South Korean Stocks Surge Over 4 Percent Following Tech Gains

Seoul:South Korean stocks concluded Tuesday's trading session with a significant rise of more than 4 percent, putting an end to a three-day series of steep declines. The upswing was primarily driven by robust performances in technology shares.

According to Qatar News Agency, the benchmark Korea Composite Stock Price Index (KOSPI) closed the day with an increase of 220.28 points, or 4.39 percent, reaching 5,239.13. During the session, the index climbed as high as 5,300.92.

The session began with the KOSPI opening 4.55 percent higher, prompting the Korea Exchange to activate a buy-side sidecar for the main bourse. This action temporarily halted program trading for KOSPI-listed shares for a duration of five minutes.

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