Tokyo stocks open higher after recent falls, yen weakness
Thursday, November 14, 2024       08:46 WIB

TOKYO (Kyodo) -- Tokyo stocks opened higher Thursday supported by buying after two straight days of falls on the Nikkei benchmark and a weaker yen boosting exporters.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 192.47 points, or 0.50 percent, from Wednesday to 38,914.13. The broader Topix index was up 12.39 points, or 0.46 percent, at 2,720.81.
On the top-tier Prime Market, gainers were led by nonferrous metal, transportation equipment and wholesale trade issues.
The U.S. dollar hit a three-and-a-half month high of 155.63 yen in New York overnight on the belief President-elect Donald Trump's proposed policies could lead to higher inflation, keeping the U.S.-Japan interest rate differential wide.
At 9 a.m., the dollar fetched 155.42-43 yen compared with 155.45-55 yen in New York and 155.10-12 yen in Tokyo at 5 p.m. Wednesday.
The euro was quoted at $1.0564-0568 and 164.19-26 yen against $1.0560-0570 and 164.17-27 yen in New York and $1.0602-0603 and 164.44-48 yen in Tokyo late Wednesday afternoon.

Sumber : mainichi.jp

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