Tokyo - Tokyo stocks opened higher Monday on overnight gains in the US market and a weaker yen.
The Nikkei 225 Stock Average rose 71.07 points, or 0.53 per cent, to 13,405.83.
The broader Topix index of all first-section issues was also up 6.38 points, or 0.49 per cent, to 1,304.66.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 107.85-90 yen, up from Friday's 5 pm quote of 106.78-80 yen. A weaker yen helps boost Japanese companies' earnings overseas.
For the second successive week, Indian stock markets gained helped by lower than expected inflation numbers, encouraging worldwide signals and heavy buying action by funds.
The Sensex breached the mark of 15k during the week ended July 25, on the back of positive response.
The Sensex on Friday (July 25) closed the week at 14,274.94 after losing 502.07 points, while the broad based Nifty ended at 4311.85 points, down 121.7 points.
Alex Mathew, head - research centre, Geojit Financial Services said, “Nifty closed lower at 4,311, on weak European and Asian markets. Our markets were moving higher by 18.8% in the last one weak, showing slightly over situation. Nifty will remain in a range of 4,123 (50 DMA). A major upward or downward trend will emerge only if Nifty breaches these levels.”
Indian equities pared their gains, on Friday (July 25), because of renewed worries that credit market losses will expand and a decelerating worldwide economic system will diminish earnings.
Moreover, the stock markets fell following news of a bomb blast in outskirts of IT city Bangalore. At least two persons died and 20 people injured in eight blasts, which hit Bangalore’s central business area and other crowded regions.
New York - Major US stock indices rose Friday on the back of some better-than-expected economic data, giving investors hope that a nationwide slowdown in growth may be slowly coming to an end.
The Commerce Department reported that durable goods orders rose 0.8 per cent in June, marking the first consecutive monthly rise since July of last year. Economists had expected a 0.3-per-cent decline.
New York - Major US stock indices rose Friday on the back of some better-than-expected economic data, giving investors hope that a nationwide slowdown in growth may be slowly coming to an end.
The Commerce Department reported that durable goods orders rose 0.8 per cent in June, marking the first consecutive monthly rise since July of last year. Economists had expected a 0.3-per-cent decline.