Tokyo stocks open higher on Wall Street rally


TOKYO: Tokyo stocks opened higher on Thursday as market sentiment improved following one other file shut on Wall Street.

The benchmark Nikkei 225 index rose 0.15 p.c, or 46.37 factors, to 30,338.56, whereas the broader Topix index was marginally higher, inching up 0.38 factors to 1,961.87.

“Japanese shares are seen rebounding after the Dow in New York hit a third straight record,” Yoshihiro Ito, chief strategist at Okasan Online Securities, stated in a commentary.


fetched 105.77 yen in early commerce, in opposition to 105.86 yen in New York.

Honda dipped 0.68 p.c to three,067 yen after experiences stated the automaker is planning to announce that Toshihiro Mibe, at the moment head of analysis and improvement, will probably be promoted to chief government, whereas Takahiro Hachigo will step down as CEO.

A Honda spokeswoman declined to remark when contacted by AFP.

Among different shares, Takeda Pharmaceutical climbed 1.70 p.c to three,776 yen and Uniqlo informal put on operator Fast Retailing rallied 4.24 p.c to 107,000 yen whereas Sony was down 0.53 p.c at 12,135 yen.

On Wall Street, the Dow ended up 0.3 p.c at 31,613.02 whereas the broad-based S&P was flat and the tech-rich Nasdaq slipped 0.6 p.c on the shut.

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