Tokyo: Stocks open 0.55% higher
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
[TOKYO] Tokyo stocks opened 0.55 per cent higher on Tuesday following gains on Wall Street as oil prices rose again.
The Nikkei 225 index at the Tokyo Stock Exchange rose 96.56 points to 17,654.60 at the start.
The higher opening came after the Dow Jones Industrial Average closed up 1.14 per cent Monday led by strong gains in petroleum-linked equities.
Energy stocks surged as US oil prices rose for third straight session behind news of lower rig counts and exploration spending cuts.
The dollar was at 117.53 yen early Tuesday compared with 117.64 yen in New York Monday afternoon.
The euro bought US$1.1339 and 133.24 yen against US$1.1343 and 133.43 yen in US trade.
Navigate Asia in
a new global order
Get the insights delivered to your inbox.
AFP
Share with us your feedback on BT's products and services
TRENDING NOW
Autobahn Rent A Car directors declared bankrupt over S$50 million each owed to DBS
Amazon’s MGM Studios gains creative control over ‘James Bond’ franchise
UOB’s Wee Ee Cheong says S$4.9 billion Citi deal ‘paying off’ as Asean push accelerates
In taxing wealth, how far can Singapore push property owners?
