Japanese stocks rise due to growing hopes that newly elected ruling-party leader Sanae Takaichi will take more aggressive fiscal steps to stimulate the economy. Heavy-industry and real-estate stocks lead gains.
IHI rises 5.3% and Sumitomo Realty & Development is 4.6% higher. USD/JPY is at 150.43, compared with 150.13 as of Monday's Tokyo stock market close. Investors are closely watching any details of Takaichi's policy steps. The Nikkei Stock Average is up 1.1% at 48470.54.
Source : Marketwatch
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