Tokyo stocks open higher on firm European markets

Economy

Tokyo stocks opened higher Tuesday as sentiment was supported by overnight gains in European markets, although advances were capped by profit-taking a day after the Nikkei index surged to a one-month high. In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 81.10 points, or 0.30 percent, from Monday to 27,450.53. The broader Topix index was up 3.05 points, or 0.16 percent, at 1,925.49. On the top-tier Prime Market, gainers were led by mining, insurance and rubber product issues. At 9 a.m., the dollar fetched 127.76-81 yen compared with 127.60-70 yen in London at 4 p.m. ...

Kyodo News

Kyodo News