Japan’s Nikkei Surges Over 5% After Sanae Takaichi’s Election Mandate: What’s Behind the Rally?

Japan’s Nikkei 225 stock index surged sharply on Monday, rising more than 5% to record highs above 57,000 on renewed investor confidence following Prime Minister Sanae Takaichi’s landslide election victory in the snap general election. The broader Topix index also climbed over 3%

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