Tokyo: Stocks open slightly higher
[TOKYO] Tokyo stocks opened slightly higher on Tuesday after a seven-day winning streak took it to a fresh 15-year high.
The Nikkei 225 index at the Tokyo Stock Exchange added 17.50 points, or 0.09 per cent, to 20,431.27 at the start after the recent gains on a weak yen and expectations for Japanese corporate earnings.
The dollar's rise was taking a breather with the greenback at 121.60 yen early Tuesday compared with 121.66 yen in Tokyo Monday afternoon.
The euro slipped US$1.0969 and 133.38 yen from US$1.0980 and 133.60 yen in Asian trade Monday.
Many markets around Europe and in New York closed Monday for public holidays.
Investors are watching closely for any new developments in talks between Greece and its international creditors over unlocking bailout funds, with no deal in sight and 300 million euros of payment due next week.
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
Why the yen is so weak and what that means for Japan
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Japan may have spent 5.5 trillion yen on Apr 29 intervention, BOJ data suggests
Singapore stocks rise, tracking regional bourses; STI up 0.3%
Asia: Markets build on Wall Street rally, yen holds bounce