The Nikkei 225 hit a record on Feb. 9 after Japanese Prime Minister Sanae Takaichi’s party secured a two-thirds supermajority in a parliamentary election.
According to the Nikkei 225’s official site, the average closing price was 56,363.94, up 2,110.26, or 3.89 percent, following a high of 57,337.07 during the day.
The Nikkei newspaper described this closing figure as a new record high.
The Japan Broadcasting Corp., known as NHK, cited the count results, which showed Takaichi’s Liberal Democratic Party (LDP) securing 316 of the 456 seats in the lower house. This marks a record since the LDP’s foundation in 1955 and surpasses the 300 seats won by Prime Minister Yasuhiro Nakasone in 1986….
Japanese Stocks Hit Record High After Takaichi’s Election Victory
