[TOKYO] Tokyo stocks opened higher on Tuesday on improved sentiment after US shares rallied on positive US and Chinese manufacturing data with optimism rising over US-China trade talks.
The benchmark Nikkei 225 index rose 0.98 per cent or 210.47 points to 21,719.50 in early trade, while the broader Topix index was up 0.86 per cent or 13.92 points at 1,629.73. "US shares rallied thanks to an improvement in US and Chinese manufacturing data... and the Japanese market is seen gaining, encouraged by US rallies and a cheaper yen" against the dollar, Toshiyuki Kanayama, senior market analyst at Monex, said in a commentary.Market voices on:
The dollar fetched 111.38 yen in early Asian trade, up from 111.35 yen in New York and 111.13 yen in Tokyo on Monday.In Tokyo, steelmakers were higher, with Nippon Steel up 1.71 per cent at 2,047 yen, and JFE up 2.21 per cent at 1,986 yen. China-linked shares were also higher, with construction machine maker Komatsu climbing 1.79 per cent at 2,697 yen, industrial robot maker Fanuc up 2.09 per cent at 19,740 yen and electronic parts maker Rohm up 2.92 per cent at 7,400 yen.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Singapore Latest News, Singapore Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Tokyo: Stocks open higher tracking rallies in US market[TOKYO] Tokyo stocks opened higher on Friday, as investors took heart from rallies on Wall Street and a relatively cheap yen against the dollar. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks open lower on Wednesday[TOKYO] Tokyo stocks opened lower on Wednesday as shares that lost rights to receive dividends weighed on the market despite gains on Wall Street. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
Tokyo: Stocks close up more than 2%[TOKYO] Tokyo stocks closed up more than 2 per cent on bargain-hunting Tuesday, recovering much of the previous day's losses, but investors remained cautious on signs of a possible global economic slowdown. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US: Stocks fall as market grapples with growth fears[NEW YORK] Wall Street stocks declined on Wednesday following a choppy session as the market grappled with lingering worries over the economic growth outlook. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks fall as market grapples with growth fearsNEW YORK: Wall Street stocks declined on Wednesday (Mar 27) following a choppy session as the market grappled with lingering worries over the ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks push higher despite lackluster data[NEW YORK] Wall Street stocks shook off lackluster housing and consumer data Tuesday to close higher, with energy and pharmaceutical shares among the leaders. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »
US stocks gain as bond yields stabiliseNEW YORK: Wall Street stocks rose on Thursday (Mar 28) following a recovery in 10-year US Treasury yields, after weakness in bond rates in recent ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
Asian stocks gain, progress in US-China talks eyedAsian shares posted narrow gains on Friday on revived hopes of progress in U.S.-China trade talks, while global bond yields moved higher after a ...
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
US: Stocks gain as bond yields stabilise[NEW YORK] Wall Street stocks rose on Thursday following a recovery in 10-year US Treasury yields, after weakness in bond rates in recent sessions raised worries about slowing economic growth. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »