South Korea's Kospi index rose more than 3%, with Samsung and SK Hynix rebounding.

South Korea's Kospi index rose 3.5% on Friday, following the overnight gains in the US stock market. Samsung Electronics rose 4.9%, SK Hynix rose 6.6%, and they were the biggest contributors to the stock index. The overnight S&P 500 index recovered from intraday losses and closed up 0.1%, marking the third consecutive trading day of gains.