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Tokyo stocks open higher after recent sell-offs

May 19, 2014

Tokyo stocks opened higher Tuesday as bargain-hunting set in following the Nikkei stock index's falls over the past four trading days.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 76.43 points, or 0.55 percent, from Monday to 14,082.87. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 5.60 points, or 0.49 percent, to 1,155.67.

The market staged a modest rebound, led by gains in nonferrous metal, real estate, and information and communication shares, with investor sentiment lifted by overnight gains in U.S. shares.

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Source: Japan Economic Newswire

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