The Nikkei index may rise, fueled by hopes for economic measures.

After the ruling party won a big victory in the election, the market continues to hope for Prime Minister Takanosuke Takamachi's economic measures, and the Japanese stock market may rise. The Nikkei index futures opened at 58,130 points on the Singapore Exchange, up 110 points from Wednesday and 495 points from Tuesday. The Japanese market was closed on Wednesday for a national holiday. The US dollar was at 153.10 yen, while at the close of the Tokyo stock market on Tuesday, it was at 155.38 yen. Financial reports are in focus, with Kubota and International Electrical Materials set to announce their earnings later on Thursday. The Nikkei index rose 2.3% on Tuesday to 57,650.54 points.