Tokyo stocks open higher on broad buying, tech shares lead gains
TOKYO (Kyodo) -- Tokyo stocks opened higher Friday, buoyed by buying across a broad range of sectors, particularly artificial intelligence- and semico
On Friday, Tokyo stocks began trading higher following widespread buying across various sectors, with artificial intelligence and semiconductor-related shares leading the gains. The lack of trading cues after Wall Street indexes ended mixed contributed to this positive trend. In the initial 15 minutes of trading, the 225-issue Nikkei Stock Average climbed 317.35 points, or 0.48 percent, bringing the total to 65,831.34.
The Topix index, which covers a broader range of shares, increased by 34.79 points, or 0.85 percent, reaching 4,110.09.
Among the top-tier Prime Market, bank, mining, and securities house issues experienced the main gains. At 9 a.m., the U.S. dollar was valued at 158.84-85 yen, slightly higher than the rates in New York (158.82-92 yen) and Tokyo (158.20-23 yen) from the previous trading day. The euro was quoted at $1.1373-1374, similar to the previous day's figures in New York (1.1375-1385) and Tokyo (180.66-76 yen).
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