
Japan's benchmark Nikkei 225 index broke through the 59,000 level for the first time on the 26th, marking a second consecutive day of record intraday highs.
As of 11:35 a.m., the Nikkei stood at 58,856, up 0.47% from the previous day's close. The index touched 59,332 during the session, setting a new intraday record for the second straight day.
"Buying momentum dominated the stock market as U.S. equities rose overnight and the yen weakened," Kyodo News reported.
The weaker yen is boosting expectations for improved earnings at Japanese companies, providing a tailwind for equities.
The Nikkei has maintained upward momentum amid a global equity rally, supported by continued foreign capital inflows.
