Japanese stocks rise on weaker yen – Business Standard

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IANS  |  Tokyo 

stocks opened higher on Tuesday as the yen’s retreat against the US dollar gave exporters a boost, while dip-buying underpinned the broader market.

As of 9:15 am local time (5:45 am IST), the 225-issue Nikkei Stock Average gained 208.73 points, or 1.03 percent, from Friday to 20,541.90, reported.

The broader Topix index of all First Section issues on the Stock Exchange, meanwhile, added 15.67 points, or 1.02 percent, at 1,555.07.

Machinery, warehousing and harbor service, and equipment-linked issues comprised those that gained the most in the opening minutes from the morning bell.

Financial markets here were closed on Monday for a

–IANS

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(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Tue, February 12 2019. 07:24 IST