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

📆 2/9/2022 4:43 AM
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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. The benchmark Nikkei 225 index was up 0.80 per cent, or 218.17 points, at 27,502.69 in early trade, while the...

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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