TOKYO, June 28, 2022 (BSS/AFP) - Tokyo stocks traded higher Tuesday on
bargain-hunting, having opened down following falls on Wall Street.

The benchmark Nikkei 225 index was up 0.37 percent, or 100.42 points, at
26.971.69 in morning trade, while the broader Topix index was up 0.60
percent, or 11.33 points, at 1,898.75 yen.

"Foreign investors markedly sold Japanese shares in the third week of June,
so this week is a good time" for them to buy back, said Hideyuki Suzuki, head
of SBI Securities' investment information department.

"Also, it's no wonder we are seeing bargain-hunting purchases after recent
falls," with some investors seeking dividend payments, he told AFP.

The dollar fetched 135.48 yen in Asian trade, unchanged from rates in New
York late Monday.

Looking ahead, investors are watching US events including the June Conference
Board Consumer Confidence reading, which is "probably the key release to
watch", and the Richmond Fed manufacturing index, said Rodrigo Catril, senior
strategist of National Australia Bank.

Electronic parts maker Nidec was down 1.88 percent at 8,478 yen, industrial
robot maker Fanuc was off 1.78 percent at 21,785 yen, and chip-testing
equipment maker Advantest was down 1.30 percent at 7,570 yen.

Automakers were among winners, with Nissan rallying 2.06 percent to 560.3
yen, Honda trading up 1.39 percent at 3,350 yen, and Toyota up 0.94 percent
at 2,141.5 yen.