Tokyo stocks open higher after Wall Street rises

Tokyo stocks opened slightly higher Monday as technology issues tracked advances by their U.S. counterparts late last week.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 63.53 points, or 0.16 percent, from Friday to 38,709.64. The broader Topix index was up 4.89 points, or 0.18 percent, at 2,747.43.

On the top-tier Prime Market, gainers were led by marine transportation, electric power and gas, and insurance issues.

At 9 a.m., the U.S. dollar fetched 156.86-87 yen compared with 156.91-157.01 yen in New York and 157.04-06 yen in Tokyo at 5 p.m. Friday.

The euro was quoted at $1.0845-0849 and 170.10-20 yen against $1.0841-0851 and 170.18-28 yen in New York and $1.0824-0825 and 169.99-170.03 yen in Tokyo late Friday afternoon.

© Kyodo News