Tokyo stocks open higher on AI, chip gains
TOKYO (Kyodo) -- Tokyo stocks opened higher Monday, lifted by artificial intelligence- and semiconductor-related shares tracking gains by their U.S. c
Tokyo stocks opened higher on Monday, driven by gains in artificial intelligence and semiconductor-related shares that mirrored the performance of their U.S. counterparts over the previous week. By the first 15 minutes of trading, the Nikkei Stock Average rose by 1,165.27 points, or 1.79 percent, bringing the index to 66,186.21.
The broader Topix index also saw an increase of 26.02 points, or 0.63 percent, reaching 4,129.25. Among the top-tier Prime Market, nonferrous metal, marine transportation, and glass and ceramic product issues led the gains. At 9 a.m., the U.S. dollar was trading at 156.21-23 yen, while the euro was quoted at $1.1613-1614.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
