Alexa

Japanese stocks higher, dollar up vs yen in early trade

Japanese stocks higher, dollar up vs yen in early trade

Japanese stocks rose Thursday morning after another record close on Wall Street overnight. The dollar was higher against the yen.
The benchmark Nikkei 225 stock index added 66.96 points, or 0.39 percent, to 17,290.11 points on the Tokyo Stock Exchange at Thursday's open. The index finished 0.31 percent higher at 17,223.15 points Wednesday _ its highest close since May 8.
The Nikkei opened up strong after another record close for the Dow Jones industrial average on Wall Street overnight. The Dow rose 102.94, or 0.83 percent, to 12,510.57.
Slightly disappointing Japan industrial output figures for November did not appear to have much impact on early trade. The government said output rose a slightly lower-than-expected 0.7 percent from October.
The broader Topix index, which includes all shares on the exchange's first section, rose 7.67 points, or 0.46 percent, to 1,684.62 points Thursday.
In currencies, the U.S. dollar was trading at 118.79 yen on the Tokyo foreign exchange market at 9 a.m. (0000 GMT) Thursday, up from 118.74 yen late Wednesday in New York. The euro was unchanged at US$1.3123.


Updated : 2021-04-18 11:46 GMT+08:00