News Column

Nikkei hits 5-month high in early morning on Wall St. gains

July 3, 2014



Tokyo stocks opened higher Friday, with the Nikkei stock index hitting an about five-month high as market sentiment was lifted by overnight gains on Wall Street due to an upbeat U.S. jobs report for June.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 117.64 points, or 0.77 percent, from Thursday to 15,465.93, after hitting 15,490.37, its highest intraday level since Jan. 23. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 8.19 points, or 0.64 percent, at 1,286.78.

In New York on Thursday, the Dow Jones Industrial Average topped 17,000 for the first time.

Major gainers in Tokyo included nonferrous metal, automaker and electric machinery shares.



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Source: Japan Economic Newswire


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