Tokyo stocks opened higher on Monday as investors factored in the rout last week in New York with their eyes shifting to the US presidential election and other market-moving events.

The benchmark Nikkei 225 index was up 0.61 percent or 139.86 points at 23,116.99 in early trade, while the broader Topix index gained 1.04 percent or 16.37 points to 1,595.70.