South Korea's benchmark Kospi index climbed 1.4%, marking its third consecutive day of gains following an upbeat close in U.S. markets. Investors are closely watching the Bank of Korea's upcoming interest rate decision.
Technology stocks drove the index higher, with SK Hynix, Samsung Electronics, SK Square, and Doosan Enerbility contributing the most to the advance, pushing the index back above the 4,000-point level. The small-cap Kosdaq index rose as much as 0.7% during the session.
The Bank of Korea is widely expected to keep its benchmark interest rate unchanged at 2.5% during its meeting later on Thursday.
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