Tokyo stocks opened higher Tuesday, boosted by gains on Wall Street amid receding fears over prolonged interest rate hikes in the United States.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 313.12 points, or 1.16 percent, from Monday to 27,219.16. The broader Topix index was up 17.15 points, or 0.88 percent, at 1,962.53.
On the top-tier Prime Market, gainers were led by electric appliance, machinery, and iron and steel issues.
At 9 a.m., the U.S. dollar fetched 130.58-59 yen compared with 130.61-71 yen in New York and 130.12-14 yen in Tokyo at 5 p.m. Monday.
The euro was quoted at $1.0870-0874 and 141.93-142.01 yen against $1.0866-0876 and 142.01-11 yen in New York, and $1.0914-0915 and 142.02-06 yen in Tokyo late Monday afternoon.
