Nikkei 225 Hits 57,000; iShares MSCI Japan ETF Up 30%
Japanese stocks surged as the Nikkei 225 climbed past 57,000 points following Prime Minister Takaichi’s LDP supermajority victory and her proposed 21 trillion-yen stimulus. iShares MSCI Japan ETF holds $17.73 billion in assets, traded 7.41 million shares, and has gained 30% over the past year.
1. Record Nikkei Rally Fueled by Election
The Nikkei 225 index surged past 57,000 points after the Liberal Democratic Party secured a parliamentary supermajority under Prime Minister Takaichi, triggering a powerful equity rally across technology, machinery, defense and construction sectors.
2. Sanaenomics Stimulus Package Details
Takaichi’s economic agenda includes a 21 trillion-yen fiscal package and suspension of the 8% food sales tax for two years, targeting growth via investments in defense, AI, semiconductors and next-generation energy infrastructure.
3. iShares MSCI Japan ETF Performance
The iShares MSCI Japan ETF holds $17.73 billion in net assets, saw 7.41 million shares trade in its last session, charges 49 basis points in fees and has delivered a 30% total return over the past year.