Japanese stocks rose on Thursday as investors assessed the political stability following the ruling coalition's decisive victory in the general election. The Topix index gained 0.7% to 3880.48, while the Nikkei added 0.3% to 57816.14. Earlier in the session, the Nikkei hit a record high of 58015.08, surpassing the 58,000-point mark for the first time. This rally in stocks coincides with a surge in government bonds and the yen and occurs during the peak of the corporate earnings season. The success of the coalition led by new Prime Minister Sanae Takaichi has reinforced investor expectations for policy continuity. The Nikkei has increased by about 15% so far this year.
