Asia-Pacific stock markets surged, with the South Korean KOSPI index rising 6.84% to a new high

According to Jinshi reports, as global markets stabilize and concerns over artificial intelligence spending ease, market risk appetite was broadly restored on Tuesday.

The stock markets in Japan and South Korea rebounded significantly, with the South Korean KOSPI index closing up 6.84% at 5,288.08 points, marking the largest single-day gain since March 2020. The Nikkei 225 index closed up 3.92% at 54,720.66 points, reaching a historic high. The Taiwan Weighted Index closed up 1.81% at 32,195.36 points.