Tokyo stocks open higher on rises in U.S. stocks
TOKYO (Kyodo) -- Tokyo stocks opened higher Wednesday as investor sentiment was brightened by overnight rises in U.S. stocks due to a larger-than-expected rise in U.S. consumer prices for May.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 63.14 points, or 0.42 percent, from Tuesday to 15,039.11. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 4.01 points, or 0.32 percent, at 1,242.21.
The market was also underpinned by the yen's depreciation against the U.S. dollar, with export-led high-tech and automaker shares drawing buying. Other major gainers included brokerage, communication and utility issues.