Japan’s Nikkei 225 continues post election rally as Asian markets open
A poster of Prime Minister Sanae Takaichi displayed at the Liberal Democratic Party’s headquarters in Tokyo, Japan, on Sunday, Feb. 8, 2026. Photographer: Toru Hanai/Bloomberg via Getty Images
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Japan’s Nikkei 225 continued its post-election rally and reached new highs on Tuesday, amid gains in the broader Asian markets.
The Japanese market continues to ride the “Takaichi trade” in the wake of Prime Minister Sanae Takaichi’s landslide victory in the Lower House.
The benchmark index opened up 1.52%, crossing the 57,000 mark, while the Topix was up 1.08%, also reaching new records.
South Korea’s Kospi rose 1.21%, coming within striking distance of its record closing high, while the small-cap Kosdaq was 1.25% higher.
Australia’s S&P/ASX 200 rose 0.39% in early trade, on pace for a third day of gains.
Hong Kong’s Hang Seng index futures were at 27,221, higher than the HSI’s last close of 27,027.16
Overnight in the U.S., tech stocks powered the S&P 500 to back-to-back gains, with the broad-based index rising 0.47%.
The Dow Jones Industrial Average was marginally up to a record high of 50,135.87, and the Nasdaq Composite jumped 0.9%.
—CNBC’s Sean Conlon contributed to this report.
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