The benchmark KOSPI rose 0.3% to around 3,060 on Monday, narrowly recovering from a 1.99% loss in the previous session, driven by optimism surrounding the ongoing US–South Korea trade negotiations. The renewed investor interest appeared strongest in the semiconductor and tech sectors, which are highly exposed to potential tariff risks. Hopes that Seoul’s high-level delegation in Washington, including both of Korea’s top trade and security officials, Trade Minister Yeo Han-koo and National Security Adviser Wi Sung-lac, will secure an extension of the current US tariff suspension. Lifting sentiment across key export stocks and helping offset broader market caution ahead of the July 9 tariff decision deadline. On the corporate front, gains were led by LG Energy Solution (1.5%), KB Financial Group (1.0%), and Hanwha Aerospace (0.5%).