DHAKA: Japanese stock continued their positive trend, adding a fourth day of gains in the wake of last weekend’s election.

Tokyo’s Nikkei 225 rose by 0.5% in early trade to 16,303.99 points, reports the BBC.

There’s widespread expectation of fresh fiscal stimulus after the party of Prime Minister Shinzo Abe won the recent upper house election.

Abe said the vote was an endorsement of his economic reform policies and has promised more action to prop up the economy.

Nintendo shares were once again among the best performers in Tokyo, gaining 13%.

The company’s shares have seen an exceptional rise since the release of their Pokemon Go game last week, rising by 56% since last Friday.

Investors are also expecting that the Bank of England will cut rates to ward off a recession following the UK’s vote to leave the European Union.

In China, the Hang Seng in Hong Kong was flat at 21,308.39 while the mainland Shanghai Composite lost 0.3% to 3,050.57 points.

In Australia, the ASX/200 edged 0.2% up to 5,399.50 while South Korea's benchmark Kospi was flat at 2,002.46.

BDST: 1228 HRS, JUL 14, 2016
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** Japanese shares see third day of gains