Tokyo stocks open higher on Wall St. gains, weaker yen

Tokyo stocks opened higher Thursday morning, supported by overnight gains on Wall Street and buying of exporter issues on a weaker yen.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 84.23 points, or 0.30 percent, from Wednesday to 28,397.70. The broader Topix index was up 4.75 points, or 0.24 percent, at 1,971.93.

On the top-tier Prime Market, gainers were led by pharmaceutical, iron and steel, and nonferrous metal issues.

At 9 a.m., the dollar fetched 137.10-11 yen compared with 137.07-17 yen in New York and 136.54-55 yen in Tokyo at 5 p.m. Wednesday.

The euro was quoted at $0.9966-9970 and 136.63-70 yen against $0.9964-9974 and 136.71-81 yen in New York and $0.9953-9954 and 135.90-94 yen in Tokyo late Wednesday afternoon.

© Kyodo News