South Korea’s Kospi jumps to record high as regional rally tracks Wall Street gains

South Korea’s Kospi hit a contemporary record high Thursday, as the area tracked gains on Wall Street and several other bourses in Asia resumed buying and selling after the Lunar New Yr vacation.

The Kospi index jumped 2.76% to a contemporary record high, with index heavyweights Samsung Electronics and SK Hynix up 4.14% and 1.48%, respectively.

and the small-cap Kosdaq superior 0.59%.

Australia’s S&P/ASX 200 rose 1.1% in early commerce.

Japan’s Nikkei 225 added 0.52%, whereas the Topix rose 0.39%.

Hong Kong and mainland China markets stay closed for the Lunar New Yr break.

In a single day within the U.S., the S&P 500 moved larger, supported by gains in key expertise names, as merchants weighed the launch of the minutes from the Federal Reserve’s most up-to-date coverage assembly.

The broad-based index climbed 0.56% to finish at 6,881.31, whereas the Nasdaq Composite added 0.78% to settle at 22,753.63. The Dow Jones Industrial Common added 0.26% to shut at 49,662.66.

—CNBC’s Sean Conlon and Pia Singh contributed to this report.