Tokyo stocks opened higher Thursday on robust energy issues as oil futures climbed after the Organization of the Petroleum Exporting Countries and its allies decided to impose a large-scale oil production cut.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 173.35 points, or 0.64 percent, from Wednesday to 27,293.88. The broader Topix index was up 14.47 points, or 0.76 percent, at 1,927.39.
On the top-tier Prime Market, gainers were led by mining, oil and coal product, and wholesale trade issues.
At 9 a.m., the dollar fetched 144.44-45 yen compared with 144.63-73 yen in New York and 144.44-46 yen in Tokyo at 5 p.m. Wednesday.
The euro was quoted at $0.9910-9914 and 143.14-21 yen against $0.9880-9890 and 142.84-94 yen in New York and $0.9940-9941 and 143.58-62 yen in Tokyo late Wednesday afternoon.
