The Business Times

Tokyo: Stocks open higher as yen plunges

Published Thu, Dec 15, 2016 · 12:45 AM

[TOKYO] Tokyo stocks opened higher on Thursday with exporters jumping as the yen plunged to 10-month lows against the US dollar following a US interest rate hike.

The benchmark Nikkei 225, which closed at a one-year high on Wednesday, gained 0.58 per cent, or 111.33 points, to 19,364.94 in the first few minutes of trade.

The Topix index of all first-section issues was up 0.48 per cent, or 7.32 points, at 1,546.01.

AFP

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