Tokyo: Tokyo stocks ended higher Friday after new Japanese Prime Minister Sanae Takaichi vowed to pursue aggressive fiscal spending to boost the economy in her first speech in parliament. Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 658.04 points, or 1.35 percent, from Thursday at 49,299.65.
According to Namibia Press Agency, the broader Topix index also saw an increase, finishing 15.67 points, or 0.48 percent, higher at 3,269.45, marking its all-time high. The stock market opened on a positive note as heavyweight semiconductor and technology issues rebounded, analysts reported.
The market extended its gains after Takaichi, in her first address since assuming office, committed to pursuing responsible and aggressive fiscal policies aimed at revitalizing Japan's economy. Her remarks provided a boost to investor confidence, contributing to the stock market's upward trend.