The benchmark Korea Composite Stock Price Index(KOSPI) climbed over five percent on Tuesday, offsetting a four-point-76 percent plunge the previous day. 

The index rose 107-point-23 points, or five-point-28 percent, ending the day at two-thousand-138-point-05.

In the morning session, the Korea Exchange had to activate a “sidecar” to suspend trading on the KOSPI for five minutes after KOSPI 200 index futures remained more than five percent higher from Monday’s closing for one minute. 

The tech-heavy KOSDAQ also rose sharply, gaining 42-point-23 points, or six-point-09 percent, to close at 735-point-38. 

On the foreign exchange, the local currency strengthened eight-point-eight won against the dollar, ending the session at one-thousand-207-point-two won.