Tokyo stocks open up following Wall St. rises, capped as gains locked in
TOKYO (Kyodo) -- Tokyo stocks opened higher Tuesday, supported by buying that tracked overnight advances on Wall Street, but the upside was capped as
Tokyo stocks opened higher on Tuesday, buoyed by buying that followed overnight advances on Wall Street. However, the upside was limited as investors sought to lock in gains following the Nikkei stock index's brief surge past the 70,000 mark the previous day. The 225-issue Nikkei Stock Average climbed 301.89 points, or 0.43 percent, to 70,248.75 in the first 15 minutes of trading, while the broader Topix index rose 16.40 points, or 0.40 percent, to 4,161.62.
Service, nonferrous metal, and insurance issues led the gains on the Prime Market. At 9 a.m., the U.S. dollar was trading at 157.97-98 yen, while the euro was quoted at $1.1217-1217 and 177.18-20 yen.
Brief written by urgent.news from The Mainichi's own syndicated text. Machine-written — may contain errors; check the original before relying on it.
