News Column

Nikkei hits 1.5-month high on higher European stocks

May 26, 2014

Tokyo stocks opened higher Tuesday, with the Nikkei hitting a one and a half month high following overnight rises in European stocks and on the U.S. dollar's firmness near the 102 yen line.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 80.12 points, or 0.55 percent, from Monday to 14,682.64. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 5.96 points, or 0.50 percent, to 1,200.65.

Market sentiment was lifted following the buoyant performance of European shares, with Germany's benchmark DAX index hitting a record closing high. London and New York financial markets were closed Monday for public holidays.

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Source: Japan Economic Newswire

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