Japan’s Nikkei tops 50,000 mark for first time on stimulus euphoria

Japan’s Nikkei share average crossed the 50,000 mark for the first time on Monday. This milestone follows successive records driven by expectations of significant spending from the new prime minister, Sanae Takaichi. Investors are reacting positively to Takaichi’s growth-focused policies and anticipated economic stimulus packages. The market has seen a strong upward trend since mid-July.