Tokyo stocks opened higher Tuesday, lifted by exporters as the yen weakened overnight to the lower 142 zone against the U.S. dollar.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 200.86 points, or 0.72 percent, from Monday to 28,145.65. The broader Topix index was up 18.13 points, or 0.92 percent, at 1,990.70.
On the top-tier Prime Market, gainers were led by electric power and gas, pharmaceutical, and transportation equipment issues.
Investors bought the U.S. dollar against the Asian currencies, including the yen and Chinese yuan, on fears of a slowdown in the Chinese economy amid a resurgence of coronavirus infections in Beijing.
At 9 a.m., the dollar fetched 142.09-10 yen compared with 142.07-17 yen in New York and 140.84-86 yen in Tokyo at 5 p.m. Monday.
The euro was quoted at $1.0243-0246 and 145.54-60 yen against $1.0236-0246 and 145.45-55 yen in New York and $1.0255-0256 and 144.44-48 yen in Tokyo late Monday afternoon.
