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Japan stocks gain, Yen drops on Takaichi win
Business Standard
|October 07, 2025
Japanese shares surged to a record high on Monday, while the yen and long-term bonds tumbled as Sanae Takaichi was all but confirmed to become the country’s next premier, stoking bets on a revival in big spending and loose monetary policy.
The Nikkei 225 Index soared 4.75 per cent to close at 47,944.76. It traded as high as 48,150.04, breaking through three psychologically key thousand-point barriers for the first time ever. The broader Topix gauge jumped 3.1 percent.
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