The Business Times

Tokyo: Stocks open higher, Takata suspended on bankruptcy reports

Published Fri, Jun 16, 2017 · 12:56 AM
Share this article.

[TOKYO] Tokyo stocks opened higher on Friday with exporters lifted by a weak yen, while trading in Takata shares was suspended after media reports that the embattled airbag maker is likely to file for bankruptcy protection.

The benchmark Nikkei 225 index gained 0.50 per cent, or 98.47 points, to 19,930.29 in the first few minutes of trading while the Topix index of all first-section issues was also up 0.50 per cent, or 7.89 points, at 1,595.98.

AFP

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to  t.me/BizTimes

Capital Markets & Currencies

SUPPORT SOUTH-EAST ASIA'S LEADING FINANCIAL DAILY

Get the latest coverage and full access to all BT premium content.

SUBSCRIBE NOW

Browse corporate subscription here