Tokyo stocks bolstered as weak yen supports exporter shares
Xinhua, May 13, 2016 Adjust font size:
Tokyo stocks opened higher Friday as the yen's retreat against the U.S. dollar sent investors after exporter-linked shares as their companies see their overseas profits augmented when the yen is weak.
As of 9:15 a.m., the 225-issue Nikkei Stock Average added 34.39 points, or 0.21 percent, from Thursday to 16,680.73.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 0.90 point, or 0.07 percent, to 1,338.17.
Notable early advancers comprised banking, miscellaneous products, and oil and coal product-linked stocks. Endit