The Nikkei index rose 0.7 percent to 49,523.98. The rise was driven by hopes that Sanae Takaichi, who is rumored to be the new prime minister, would prepare measures to support the economy. This sentiment helped the market recover after volatile trading.
Electronics stocks led the rally. Renesas Electronics rose around 4.1 percent and TDK added 2.8 percent. Buying interest was seen in semiconductor and component companies, along with expectations of pro-growth policies and investment incentives in the technology sector.
In the foreign exchange market, the US dollar exchange rate against the yen was around 150.61, nearly the same as Monday's Tokyo close of 150.66. Stable currency movements are seen as boosting the prospects for technology-based exporters and maintaining risk appetite.
Looking ahead, investors await details of Sanae Takaichi's policy measures, including fiscal support, investment incentives, and energy cost policies. The market will also be closely monitoring the performance reporting season and global developments that could impact Japan's external demand. (asd)
Source: Newsmaker.id
Japanese stocks closed slightly lower on Thursday, as trading resumed after a holiday. Investors remained cautious after a senior Japanese currency official emphasized that the government remains vigi...
Japanese stocks have hit record highs again in recent days, driven by political optimism following Prime Minister Sanae Takaichi's landslide victory and expectations of a more aggressive economic agen...
The Nikkei closed at another record high, continuing its rally after hitting an all time high in the previous session. This increase was driven by market optimism regarding the policy direction of Jap...
Japanese stocks rose sharply in Tokyo after Prime Minister Sanae Takaichi's victory in Sunday's election fueled expectations of increased government spending. This optimism immediately lifted the Nikk...
Japanese stocks closed the week in the green after a Reuters survey signaled the Japanese economy is likely to return to growth in the fourth quarter of 2025. This optimism is supported by solid corpo...
Oil prices stabilized on Thursday (February 12th), as the market reassigned a risk premium to US-Iran tensions despite US inventory data showing swelling domestic supplies. This movement confirms one thing: geopolitical headlines are still more...
Gold prices weakened slightly on Thursday (February 12th), as more solid US employment data reduced market confidence in an imminent Federal Reserve interest rate cut. The strong employment data prompted market participants to shift expectations of...
The Hang Seng Index reversed its downward trend in Hong Kong on Thursday (February 12th), weakening by around 0.9% to around 27,000 after a strong session earlier. This decline halted the momentum of the short term rally, as investors began to...