Japanese Stocks Up, Bonds Steady Amid Market Confidence

Tokyo: Japanese stocks recorded their highest levels ever during trading on Monday, while long-term bonds remained stable, amid a clear vote reflecting market confidence in the responsible and proactive financial policies of Japanese Prime Minister Sanae Takaichi.

According to Qatar News Agency, the Nikkei 225 index ended Monday's session up 3.9 percent, posting a record level of 56,363.94 points, while the broader Topix index rose 2.3 percent to a record level of 3,783.57 points.

In the debt market, 30-year Japanese government bonds declined at the start of trading, leading yields to rise by 6.5 basis points to 3.615 percent, but this move quickly faded and the yield ultimately rose by just one basis point to 3.56 percent.