Tokyo stocks open higher with eyes on Fed this week | The Malaysian Insight

📆 01/05/2023 06:22:00
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Tokyo stocks open higher with eyes on Fed this week

The Nikkei index ‘has been moving in a narrow range’ in the past days due to uncertainties over the US economic outlook. – EPA pic, May 1, 2023.

TOKYO stocks opened higher today after Wall Street gains, with investors’ focus shifting to the US Federal Reserve’s policy decision later this week. The benchmark Nikkei 225 index was up 0.82%, or 236.58 points, at 29,093.02 in early trade, while the broader Topix index added 0.74%, or 15.3 points, to 2,072.78.

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