Tokyo stocks open higher on Wall Street's overnight rise

08:57, October 24, 2019

• 

  Tokyo stocks advance in morning on Wall Street's rise

  TOKYO, Oct. 24 (Xinhua) - Tokyo stocks advanced Thursday morning on the back of US shares gaining ground on Wall Street overnight following some upbeat corporate earnings results and amid expectations for domestic earnings to follow suit.(Photo: VCG)The 225-issue Nikkei Stock Average gained 144.20 points, or 0.64 percent, from Wednesday to 22,769.58.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 8.00 points, or 0.49 percent, at 1,646.14.Pharmaceutical, rubber product and mining-linked issues comprised those that gained the most by the morning break.

• 

  Tokyo stocks open higher with eyes on earnings

  Tokyo stocks opened higher on Monday after British Prime Minister Boris Johnsons latest failure to break the Brexit deadlock, with eyes shifting to Japanese corporate earnings season starting this week.File photo: VCGThe benchmark Nikkei 225 index was up 0.25 percent, or 55.82 points, at 22,548.50 in early trade, while the broader Topix index was rose 0.28 percent, or 4.58 points, to 1,626.57."As the Brexit issue is now likely to be an extended game, the Japanese market this week will test the upside," Okasan Online Securities said in a commentary.Investors were closely watching the dollar-yen rate with their attention shifting to Japanese corporate earnings reports starting this week, it added.The dollar fetched 108.37 yen in early Asian trade, against 108.35 yen in New York late Friday.The currency market shrugged off weekend drama in the British parliament when Johnsons EU divorce agreement was met with a vote in favour of an amendment that effectively withholds approval of the deal.British lawmakers voted to force Johnson to ask the EU for another Brexit delay, hoping to prevent the country crashing out of the bloc on October 31 with no agreement in place."There is no Brexit resolution, yet the outlook remains encouraging," Stephen Innes, Asia Pacific market strategist at AxiTrader, said in a commentary."The votes in the UKs House of Commons look to have tipped in favour of passing the deal cemented last week with the European Union" despite a failure to approve the hard-fought deal with the EU last week, he added.Among major shares in Tokyo, Toyota was up 0.31 percent at 7,391 yen, Panasonic was up 0.94 percent at 896.6 yen and Advantest was up 0.75 percent at 5,330 yen.Japan booked a trade deficit of 123 billion yen ($1.14 billion) in September, the third consecutive monthly deficit, according to finance ministry data released 10 minutes before the opening bell.On Wall Street, the Dow ended down 1.0 percen...

• 

  Tokyo stocks open higher on solid US shares, Brexit deal

  TOKYO, Oct. 18 (Xinhua) - Tokyo stocks opened higher Friday following US shares advancing overnight on solid corporate earnings, with investor sentiment also brightened by a provisional deal made between Britain and the European Union (EU) over Britains planned departure from the EU.Pedestrians walk in front of an electric quotation board displaying the numbers on the Nikkei 225 index on the Tokyo Stock Exchange in Tokyo on October 16, 2019. (Photo: VCG)As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 116.92 points, or 0.52 percent, from Thursday to 22,568.78.The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 6.12 points, or 0.38 percent, at 1,630.28.Oil and coal product, mining, and glass and ceramic product-oriented issues comprised those that gained the most in the opening minutes after the morning bell.