"The correction over the past couple of days is natural as the market has risen without pause," said Kyobo Securities analyst Lee Woo-Hyun, suggesting there could be more gains in the coming week as the market stabilizes.
Samsung Electronics fell 3,000 to 638,000.
Hong Kong
Share prices closed 0.29 percent higher as investors covered short positions after Thursday's sell-off.
Dealers said the market opened lower following Wall Street's continued slide overnight but recovered by the end of the morning session on the view that the recent sell-off may have been overdone.
The Hang Seng Index rose 46.84 points at 16,313.36. Turnover was 29.42 billion Hong Kong (US$3.78 billion).
"There's been a big shakeout this week and investor sentiment was certainly rattled in markets around the world. But most investors believe that most of the damage has already been done," said Howard Gorges, vice chairman at South China Securities.
He said many investors went on bargain-hunting and short-covering on Friday, helping the market end with mild gains.
shanghai
Share prices closed sharply higher, adding 2.63 percent on fresh fund inflows with market heavyweight steelmakers and banks driving the gains.
Dealers said the market had quickly got over its concerns Thursday about the resumption of Initial Public Offerings, with speculative money in evidence on the view that the recent upturn has much further to go yet.
Some believe that stocks can even benefit from government efforts to cool the property market since funds will seek a new home in the bourse if they are forced out of real estate.
The fact the government has been trying to get the market off the ground after years in the doldrums would suggest that the authorities may indeed be reluctant to take any measures that could undercut the recent advance.
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