TOKYO: Japan’s Nikkei share average surged past the 58,000 mark for the first time, continuing a scorching rally since Prime Minister Sanae Takaichi won a resounding electoral victory on a campaign of increased economic stimulus.
The benchmark Nikkei 225 Index rose 0.14% to 57,739.20 in early trading after earlier touching an intraday peak of 58,004.72.
The broader Topix climbed 0.3% to 3,866.88. So far the Nikkei is up 14.5% for the year.
There were 145 advancers on the Nikkei index against 79 decliners.
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