News Column

Nikkei opens slightly higher on weaker yen

July 6, 2014

The Nikkei stock index opened slightly higher Monday as investor sentiment was lifted by the relative weakness of the yen against the U.S. dollar.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 8.72 points, or 0.06 percent, from Friday to 15,445.85. Meanwhile, the broader Topix index of all First Section issues on the Tokyo Stock Exchange was down 0.80 point, or 0.06 percent, to 1,284.44.

The market was, however, top-heavy amid a lack of market-moving incentives. Major gainers included brokerage, marine transport and rubber product shares, while retail and mining issues lost ground.

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Source: Japan Economic Newswire

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