Tokyo stocks open higher on bargain-hunting, new U.S. Dow high

Tokyo stocks opened higher Friday, supported by bargain-hunting following sharp falls the previous day, with sentiment boosted by a new all-time high reached overnight on the U.S. Dow Jones index.

In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 243.17 points, or 0.61 percent, from Thursday to 40,411.24. The broader Topix index was up 21.78 points, or 0.79 percent, at 2,772.59.

On the top-tier Prime Market, gainers were led by mining, real estate, and air transportation shares.

At 9 a.m., the U.S. dollar fetched 151.44-46 yen compared with 151.33-43 yen in New York and 151.43-45 yen in Tokyo at 5 p.m. Thursday.

The euro was quoted at $1.0791-0793 and 163.39-47 yen against $1.0785-0795 and 163.21-31 yen in New York, and $1.0800-0801 and 163.55-59 yen in Tokyo late Thursday afternoon.

© Kyodo News