South Korean stocks rose modestly on Tuesday, snapping a two-day decline as renewed hopes for a U.S. interest rate cut and eased concerns about artificial intelligence valuations lifted investor sentiment.

The benchmark Korea Composite Stock Price Index gained eleven-point-72 points, or zero-point-three percent, to close at three-thousand-857-point-78.

Turnover was light, with 275-point-five million shares worth 13-point-one trillion won, or eight-point-nine billion U.S. dollars, changing hands. Decliners outpaced gainers 553 to 325.

Foreign investors drove the rebound, buying a net 116 billion won in equities. Wall Street's overnight rally also buoyed sentiment.

In Seoul, technology and energy shares advanced. 

Samsung Electronics climbed two-point-69 percent, while chip equipment manufacturer Hanmi Semiconductor added zero-point-42 percent.

Doosan Enerbility rose one-point-38 percent, and the state-run Korea Electric Power Corporation jumped six-point-85 percent.

Battery makers also gained, with LG Energy Solution up zero-point-36 percent and Samsung SDI rising one-point-25 percent.

Among the losers were internet portal operator Naver and food giant CJ Cheiljedang, which dropped three-point-07 and two-point-33 percent, respectively.

SK hynix fell zero-point-19 percent.

The tech-heavy KOSDAQ lost zero-point-41 points, or zero-point-05 percent, to close at 856-point-03.

The South Korean won strengthened against the U.S. dollar by four-point-seven won, trading at one-thousand-472-point-four won as of 3:30 p.m.