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Tokyo stocks open higher as exporters snap up on weaker yen

Xinhua, October 4, 2016 Adjust font size:

Tokyo stocks opened higher on Tuesday with the yen's retreat against the U.S. dollar after manufacturing data from the U.S. came in ahead of median market expectations lifted the market mood and sent exporter shares higher in early deals here.

As of 9:15 a.m., the 225-issue Nikkei Stock Average added 96.47 points, or 0.58 percent, from Monday to 16,695.14.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 7.55 points, or 0.57 percent, at 1,338.27.

Notable early gainers comprised bank, transportation equipment and marine transportation-linked stocks. Endit