Things are going up on the Tokyo Stock Exchange. Image: keystone
Business News
The Tokyo stock exchange rose to a record high at the start of trading following the brilliant election victory of Prime Minister Sanae Takaichi’s Japanese ruling party.
02/09/2026, 06:3102/09/2026, 06:31
The Nikkei index exceeded the 57,000 point mark for the first time. After 20 minutes of trading, the index for 225 leading stocks recorded an increase of 2872.56 points or 5.29 percent with an intermediate level of 57,126.24 points.
Takaichi’s Liberal Democratic Party (LDP) was the first party in the post-war period to exceed a two-thirds majority of 310 seats in the lower house election. This means it can pass laws even if they are rejected by the upper house. In the second chamber of parliament, the government coalition made up of the LDP and the neoliberal Ishin party is still in the minority. Takaichi stands for an aggressive fiscal policy, which pleases the stock market. (sda/dpa)