Japan shares close higher on policy outlook
(Il Sole 24 Ore Radiocor) - Milano, 10 feb - Japanese shares closed higher, on optimism after prime minister Sanae Takaichi's decisive victory in Sunday's general election.
Market players expect her solid mandate will lead to an acceleration of a proactive fiscal strategy, characterized by increased corporate investment, structural reforms, and a temporary suspension of the sales tax on food to stimulate economic activity.
Confidence was further supported by the government's pledge to implement stimulus measures without compromising the country's long-term financial stability.
Gains were led by tech and AI-related stocks, which followed a positive lead from Wall Street.
The Nikkei 225 closed up 2.30% at 57,650.54 points, touching.
a new record high.
(RADIOCOR) 10-02-26 08:18:39 (0183) 5 NNNN