ZCZC
BCN-03
STOCKS-JAPAN-OPEN
Tokyo stocks open higher in lacklustre trade
TOKYO, Sept 24, 2019 (BSS/AFP) – Tokyo stocks opened higher on Tuesday in
cautious trade after a long weekend in Japan and a flat Wall Street close,
with no fresh market-moving events expected in the day.
The benchmark Nikkei 225 index was up 0.18 percent or 38.84 points at
22,117.93 in early trade, while the broader Topix index was up 0.33 percent
or 5.32 points at 1,621.55.
“Japanese shares are seen seesawing today without fresh market-moving
events after key central bank events last week,” Okasan Online Securities
said in a commentary.
The dollar fetched 107.93 yen in early Asian trade, against 107.49 yen in
New York late Monday.
Some electronics were higher with Hitachi gaining 2.58 percent to 4.088 yen
and chip-testing equipment manufacturer Advantest up 2.76 percent at 4,840
yen.
Automakers were mixed, with Toyota trading up 0.90 percent at 7,472 yen
while Honda was down 0.94 percent at 2,878 yen.
On Wall Street, the Dow ended up 0.1 percent at 26,949.99.
BSS/AFP/SR/1730 HRS