South Korean shares rose nearly 2% on Tuesday to their highest level in three weeks, led by gains in heavyweight semiconductor stocks as investor concerns over the sustainability of artificial intelligence-related investment demand eased, according to a report by Reuters.
The benchmark Kospi gained 133.95 points, or 1.91%, to 7,129.34 as of 0217 GMT, extending its winning streak to a fourth session. The index also reached its highest intraday level since August 18.