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Tokyo stocks open higher on weaker yen

July 30, 2014



Tokyo stocks opened higher Thursday as investor sentiment was buoyed by the U.S. dollar's rise overnight to the upper 102 yen zone.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 91.20 points, or 0.58 percent, from Wednesday to 15,737.43. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 6.69 points, or 0.52 percent, to 1,298.93.

Export-led shares, including automaker and electric machinery, gained ground. Other major gainers included air transport, brokerage and bank issues.



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Source: Japan Economic Newswire


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