Friday, 1 July, 2022

Tokyo stocks go up

Tokyo stocks go up

TOKYO: Tokyo stocks opened higher on Tuesday as investors bargain hunted shares that dipped after modest falls on Wall Street.

The benchmark Nikkei 225 index was up 1.04 percent, or 278.29 points, at 27,078.00 in early trade, while the broader Topix index gained 0.94 percent, or 17.64 points, to 1,897.72, reports AFP.

"Japanese shares are seen starting with rebounds after limited falls in the post-holiday US markets," Okasan Online Securities said in a note.

A cheaper yen against the dollar is supporting some export-oriented shares including automakers, analysts said.