Japan`s Nikkei rises on tech rally and Takaichi`s spending hopes

avatar
· Views 1,030

Feb 19, 2026, 14:23 GMT+7
By Satoshi Sugiyama
Reuters - Japan's Nikkei share average ended higher for a second session on Thursday, tracking Wall Street's gains in tech shares and buoyed by renewed optimism about Prime Minister Sanae Takaichi's stimulus plan.
The Nikkeirose 0.57% to close at 57,467.83. The broader Topixclimbed 1.18% to 3,852.09.
Technology-related shares lifted the Nikkei index the most. Artificial intelligence investor SoftBank Groupincreased 2.6%, while chipmaking equipment maker Tokyo Electronrose 2.9%.
Takaichi was formally reappointed as prime minister on Wednesday, following a historic general election victory earlier this month. She has pledged to increase investment through targeted public spending to boost consumption and revitalise economic growth.
"With all cabinet ministers reappointed, swift policy execution is expected, which is seen as another positive for the stock market," said Ryotaro Sawada, senior analyst at Tokai Tokyo Intelligence Laboratory, in a research note.
Ministry of Finance data on Thursday showed that foreign investors pumped a net 1.42 trillion yen ($9.16 billion) into Japanese stocks in the week to February 14, the most since October 11, and helped lift the nation's share gauges to historic levels after Takaichi's win.
Japan Steel Works, a key supplier of large forged components for the nuclear industry, surged 9.2% after a media report said construction of next-generation nuclear reactors was under consideration for the second round of Japan's planned $550 billion investment in the U.S.
($1 = 155.0800 yen)

Sumber : Reuters

Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.

Like this article? Show your appreciation by sending a tip to the author.
Reply 0

Leave Your Message Now

  • tradingContest