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Nikkei Index breaks 54,000 points to set a record, with expectations of fiscal expansion fueling bullish sentiment

Nikkei Index breaks 54,000 points to set a record, with expectations of fiscal expansion fueling bullish sentiment

格隆汇格隆汇2026/02/03 07:26
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Glonghui, February 3rd|Boosted by positive market sentiment, Japan's Nikkei 225 Index surged 3.9% at Tuesday’s close, reaching 54,720.66 points and hitting a record high. Currently, investors are focusing on the Japanese House of Representatives election scheduled for February 8. According to a report from OCBC Research, opinion polls indicate that the ruling coalition is expected to win 300 out of 465 seats in the upcoming election, which would clear the way for Prime Minister Kishida’s fiscal expansion plans. In Tuesday’s trading, Sumitomo Electric Industries led the gains, rising 12.5%; Komatsu Ltd. increased by 12%, and TDK Corporation rose 11%. Meanwhile, Yamaha Motor dropped 10%, and Yamato Holdings fell 7.5%.
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