Tokyo stocks open higher on firm European shares

Tokyo stocks opened higher Tuesday, supported by European share gains and a slight weakening of the yen against the U.S. dollar overnight.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 233.98 points, or 0.91 percent, from Monday to 26,056.30. The broader Topix index was up 11.29 points, or 0.60 percent, at 1,897.60.

On the top-tier Prime Market, gainers were led by transportation equipment, electric appliance, and marine transportation issues.

At 9 a.m., the dollar fetched 128.33-36 yen compared with 128.50-60 yen in London at 4 p.m. and 127.97-128.00 yen in Tokyo at 5 p.m. Monday.

The euro was quoted at $1.0828-0832 and 138.96-139.04 yen against $1.0820-0830 and 139.10-15 yen in London, and $1.0830-0831 and 138.61-65 yen in Tokyo late Monday afternoon.

U.S. financial markets were closed Monday for a public holiday.

© Kyodo News