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Tokyo: Stocks rise at open on weak yen, upbeat factory output

Monday, February 29, 2016 - 08:24

37503032 - 18_02_2016 - JAPAN ECONOMY MARKET STOCK.jpg

[TOKYO] Tokyo stocks opened higher Monday, shrugging off a fall on Wall Street as a weaker yen and upbeat Japanese factory output data lifted investor spirits.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 0.77 per cent, or 124.90 points, to 16,313.31 in opening deals, while the broader Topix index of all first-section shares gained 1.10 per cent, or 14.36 points, to 1,325.63.

AFP

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