Tokyo: Stocks open higher, boosted by cheaper yen

[TOKYO] Tokyo stocks opened higher, tracking rallies on Wall Street encouraged by progress on a US tax cut plan and a cheaper yen that supports Japanese exporters.

The benchmark Nikkei 225 index gained 1.11 per cent, or 248.25 points, to 22,599.37 in early trade while the broader Topix was up 0.92 per cent, or 16.19 points, at 1,777.90.

AFP