Tokyo: Stocks open sharply higher on weaker yen

[TOKYO] Tokyo stocks opened sharply higher Monday, as exporters were lifted by a weaker yen and investors reacted positively to last week's surprise interest rate cut by the Bank of Japan.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange advanced 1.03 per cent, or 181.30 points, to 17,699.60 in opening deals, while the broader Topix index of all first-section shares gained 1.12 per cent, or 15.97 points, to 1,448.04.

AFP