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JP Bourse Finishes Up 2,110 Pts or 3.9%; Semis, Electrical Wire, Heavy Industry Stocks Skyrocket
2026-02-09 15:20:08
Japanese bourse skyrocketed. The ruling Liberal Democratic Party of Japan achieved a landslide victory in the parliamentary elections, fueling market expectations for Japanese Prime Minister Sanae Takaichi to implement policies that drive foreign capital inflows. The Nikkei closed up 2,110 points or 3.9% at 56,363.

In the AI and semiconductor sector, Lasertec (6920.JP) and SoftBank (9984.JP) spiked 3.7% and 6.3%. Advantest (6857.JP) and Disco (6146.JP) leaped 11.5% and 9.8%. Tokyo Electron (8035.JP) and Kioxia (285A.JP) each fell 1%. In the electrical wire sector, Furukawa Electric (5801.JP) and Sumitomo Electric (5802.JP) shot up 20.7% and 11%, while Fujikura (5803.JP) slumped 2%.

Market expectations for Japan's defense spending boosted heavy industry stocks, with Mitsubishi Heavy Industries (7011.JP) up 3.2%, Kawasaki Heavy Industries (7012.JP) and IHI (7013.JP) up 15.7% and 8.7%, respectively. Commodity prices rebounded, with metal stocks JX Advanced Metals (5016.JP) and Sumitomo Metal Mining (5713.JP) up 6.4% and 8%.
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