News Column

Tokyo stocks open higher on weaker yen

September 1, 2014

Tokyo stocks opened higher Tuesday as investor sentiment was lifted by the yen's weakness against the U.S. dollar.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 51.31 points, or 0.33 percent, from Monday to 15,527.91. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 3.01 points, or 0.23 percent, to 1,286.07.

Export-oriented electronics shares were in demand as the dollar strengthened in the lower 104 yen zone. Other major gainers included rubber product, chemical and nonferrous metal shares.

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Source: Japan Economic Newswire

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