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<Asia>Nikkei Hits New High, Ending Midday Up 2,412 Pts or 4.4%; Advantest Zooms 14% Higher
The Japanese stock market thrived this morning on market expectations that the Liberal Democratic Party's sweeping victory in the House of Representatives election will help Pr...
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<Asia>Nikkei Hits New High, Ending Midday Up 2,412 Pts or 4.4%; Advantest Zooms 14% Higher
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The Japanese stock market thrived this morning on market expectations that the Liberal Democratic Party's sweeping victory in the House of Representatives election will help Prime Minister Sanae Takaichi advance her policy agenda. The rally was also boosted by the strong gains in the US stock market last Friday (6th).

The Nikkei 225 Index opened 879 points higher and once surged by 3,085 points to a new high of 57,337. It settled the midday up 2,412 points or 4.4% at 56,663.

In the AI and semiconductor sector, SoftBank (9984.JP) and Disco (6146.JP) spiked by 7.8% and 9.6%. Nvidia supplier Advantest (6857.JP) mushroomed by 14.1%. Lasertec (6920.JP) and Kioxia (285A.JP) increased by 3.7% and 5.2%. Tokyo Electron (8035.JP) inched down 0.1%.

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