Tokyo stocks edge up as weaker yen offsets U.S. rate hike fears


Tokyo stocks edged up Friday morning, as caution over prolonged interest rate hikes in the United States was offset by the positive impact of a weaker yen.

The 225-issue Nikkei Stock Average rose 6.71 points, or 0.03 percent, from Thursday to 26,411.94. The broader Topix index was up 2.55 points, or 0.13 percent, at 1,918.17.

Gainers were led by air transportation, iron and steel, and mining issues.

Kyodo News

Kyodo News