Japanese Shares Extend Rally to Record Highs

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The Nikkei 225 Index climbed 0.6% to above 48,200, while the broader Topix Index added 0.5% to 3,240 on Tuesday, with both benchmarks hitting fresh record highs after fiscal dove and pro-stimulus lawmaker Sanae Takaichi won the ruling Liberal Democratic Party leadership race over the weekend, setting her up to become Japan's next prime minister.
Takaichi is expected to urge the Bank of Japan to maintain its ultra-loose monetary stance, sending the yen sharply lower.
Japanese equities also mirrored Wall Street's overnight gains, driven by the landmark deal between OpenAI and AMD that lifted sentiment around global AI growth.
Chip and AI-related stocks led the advance, with notable rises in Advantest (3%), SoftBank Group (2.6%), Disco Corp (3.5%), Lasertec (1%), and Tokyo Electron (1.3%).

Sumber : tradingview.com

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