Tokyo stocks open higher on Wall Street's rises, weaker yen

Tokyo stocks open higher on Wall Street's rises, weaker yen Tokyo - Tokyo stocks opened higher Wednesday on Wall Street's overnight rebound and a weaker yen.

The Nikkei 225 Stock Average rose 156.26 points, or 1.19 per cent, to 13,315.71.

The broader Topix index of all first-section issues was also up 13.13 points, or 1.02 per cent, to 1,294.77.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 108.06-09 yen, up from Tuesday's 5 pm quote of 107.55-58 yen. A weaker yen helps boost Japanese firms' earnings overseas.

The euro was quoted at 1.5588-93 dollars, down from Tuesday's 5 pm quote of 1.5748-51 dollars, and at 168.45-50 yen, down from 169.40-44 yen. (dpa)

Business News: 
Regions: