The Business Times

Tokyo: Shares open higher on weaker yen, stimulus hopes

Published Tue, Jul 12, 2016 · 12:25 AM

[TOKYO] Tokyo shares rallied at the start of trading Tuesday, following a solid lead from Wall Street and with exporters boosted by a sharply weaker yen, which eased on stimulus hopes.

The benchmark Nikkei 225 index soared 2.29 per cent, or 359.82 points, to 16,068.64 shortly after the opening bell, while the broader Topix index of all first-section shares jumped 2.24 per cent, or 28.10 points, to 1,283.89.

AFP

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