Tokyo stocks open higher on Wall St. gains, dividend-driven buying
TOKYO (Kyodo) -- Tokyo stocks opened higher Monday, tracking Wall Street gains late last week on expectations that tensions between the United States
Tokyo stocks opened higher on Monday, tracking gains on Wall Street, as investors anticipated easing tensions between the United States and Iran. The 225-issue Nikkei Stock Average rose by 0.80 percent to 66,897.60 points within the first 15 minutes of trading, while the broader Topix index increased by 0.42 percent to 4,146.09 points.
Notably, dividend-driven buying also contributed to the market's positive start, with precision instrument, glass and ceramic product, and electric appliance issues leading the gains in the Prime Market. The U.S. dollar was valued at 157.43-44 yen at 9 a.m., while the euro was at $1.1378-1381 during the same time.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
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