According to The Korea Herald, South Korea's benchmark KOSPI index closed up 136.23 points, or 2.6%, at 5,375.36 on Wednesday, marking its second consecutive session of gains. The index opened 0.56% lower and reached an intraday high of 5,377.99. The report attributed the support to gains in technology stocks, while noting that lingering market concerns over U.S. inflation coming in above expectations could prompt the Federal Reserve to intensify its monetary tightening.