The benchmark KOSPI rose 0.41% to close at 3,215 on Tuesday, primarily driven by gains in tech and energy firms, supported by optimism over South Korea’s innovation-led industrial strategy. This was underpinned by a government plan to strengthen R&D cooperation with global firms and public institutions through tax breaks of up to 75%. As part of the initiative, the Ministry of Trade, Industry and Energy pledged KRW 484 billion through 2032 to develop the micro-LED display industry, with the market projected to reach $320 billion by 2035. Lifting sentiment further, container shipping costs from South Korea to the US surged in June, with average 40-foot container rates rising 16.6% to KRW 6.09 million for the West Coast and 23.3% to KRW 6.77 million for the East Coast, reflecting strong trade momentum despite ongoing tariffs. In the corporate sector, gains were seen from Doosan Enerbility (8.14%), Samsung Electronics (1.92%), and LG Energy Solution (0.63%).