Tokyo stocks open higher on weaker yen, hopes for Britain to stay in E.U.
Xinhua, June 20, 2016 Adjust font size:
Tokyo stocks opened higher Monday as the yen's retreat from recent highs against the U.S. dollar bolstered investor sentiment, with the overall market underpinned by a poll showing that Britain may vote to stay in the European Union in an upcoming referendum on the issue.
As of 9:15 a.m., the 225-issue Nikkei Stock Average jumped 282.57 points, or 1.81 percent, from Friday to 15,882.23.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 22.10 points, or 1.77 percent, to 1,272.93.
All industry categories on the main section advanced, with pulp and paper, mining and marine transportation-linked issues comprising early notable gainers. Endit