Tokyo stocks open higher as tech shares track U.S. gains

Tokyo stocks opened higher Wednesday, boosted by technology shares that tracked overnight advances by their U.S. counterparts.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 410.21 points, or 1.07 percent, from Tuesday to 38,766.27. The broader Topix index was up 24.16 points, or 0.88 percent, at 2,755.11.

On the top-tier Prime Market, gainers were led by electric appliance, rubber product and bank shares.

At 9 a.m., the U.S. dollar fetched 156.51-54 yen compared with 156.39-49 yen in New York and 156.45-47 yen in Tokyo at 5 p.m. Tuesday.

The euro was quoted at $1.0812-0816 and 169.22-31 yen against $1.0815-0825 and 169.19-29 yen in New York, and $1.0786-0788 and 168.75-79 yen in Tokyo late Tuesday afternoon.

© Kyodo News