Overview
- The Nikkei 225 climbed to an intraday high of ¥49,945.95, marking a second straight day of record levels near the ¥50,000 threshold.
- The index finished at ¥49,316.06, up ¥130.56 on the day, after profit-taking in the afternoon trimmed gains and briefly pushed prices negative.
- TOPIX also set an intraday record during the session, with the index at 3,249.50 and ending slightly higher.
- Buying was driven by expectations for expansionary economic policies under Sanae Takaichi and by the LDP–Japan Innovation Party plan for an autumn supplementary budget focused on price relief and household support.
- Turnover reached about 2,240.27 million shares as U.S. equity strength aided sentiment, while analysts said the outlook hinges on the size and timing of actual measures.