[TOKYO] Tokyo stocks opened higher on Wednesday, extending rallies on Wall Street as the US and European governments signalled more stimulus measures to address the economic hit from the coronavirus.

The benchmark Nikkei 225 index was up 1.18 per cent or 201.06 points at 17,212.59 in early trade, while the broader Topix index edged up 1.29 per cent or 16.37 points to 1,284.83.

AFP