Japanese Stocks May Rise on Economic Stimulus Hopes

Deep News
02/12

Japanese stock markets are poised for gains as expectations for economic measures from Prime Minister Sanae Takaichi persist following her ruling party's decisive election victory. Nikkei index futures opened at 58,130 points on the Singapore Exchange, up 110 points from Wednesday and 495 points from Tuesday. Japanese markets were closed on Wednesday for a national holiday. The U.S. dollar traded at 153.10 yen, compared to 155.38 yen at the close of Tuesday's Tokyo session. Corporate earnings are in focus, with Kubota and Kokusai Electric scheduled to report results later on Thursday. The Nikkei index rose 2.3% on Tuesday to close at 57,650.54 points.

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