Tokyo stocks open higher on dip-buying after Nikkei's sharp fall
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Tokyo stocks opened higher Wednesday as investors bought on dips following the Nikkei index's sharp fall the previous day. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 172.64 points, or 0.66 percent, from Tuesday to 26,507.62. The broader Topix index was up 7.87 points, or 0.42 percent, at 1,871.50. On the top-tier Prime Market, gainers were led by marine transportation, mining and precision instrument issues. At 9 a.m., the dollar fetched 125.42-45 yen compared with 125.35-45 yen in New York and 125.52-53 yen in Tokyo at 5 p.m. Tuesday. The euro was quoted at $1...