Tokyo stocks rise in morning as weak yen offsets hawkish Fed concern
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Tokyo stocks were up Friday morning after erasing earlier losses, as concern over prolonged monetary tightening in the United States was offset by buying of exporter issues amid a weaker yen.
The 225-issue Nikkei Stock Average rose 154.34 points, or 0.60 percent, from Thursday to 25,975.14. The broader Topix index was up 6.34 points, or 0.34 percent, at 1,875.24.
On the top-tier Prime Market, gainers were led by marine transportation, mining, and transportation equipment issues.
