Tokyo stocks open higher with eyes on Toyota earnings | Malay Mail

TOKYO, Feb 9 ― Tokyo stocks opened higher today extending US gains, as the market's focus shifted to Toyota's third-quarter earnings due later in the day and US inflation data this week.

After a tailwind from the rebound of Wall Street shares following a batch of mostly solid earnings, the Japanese market's “focus is now on Toyota's earnings,” later in the trading day, senior market analyst Toshiyuki Kanayama of Monex said in a note. Nissan rallied 3.09 per cent to ¥611.3 after it hiked its annual net profit forecast again on strong interim results.

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