Tokyo Stocks Open Marginally Higher On Earnings
Faizan Hashmi 2 months ago Thu 05th August 2021 | 08:30 AM
Tokyo, Aug 5 (UrduPoint / Pakistan Point News - 5th Aug, 2021 ) :Tokyo stocks opened slightly higher on Thursday helped by sound corporate earnings results and a lull in the yen's appreciation against the dollar.
The benchmark Nikkei 225 index was up 0.08 percent, or 22.34 points, at 27,606.42 in early trade, while the broader Topix index edged up 0.08 percent, or 1.63 points, to 1,923.06.
99 percent to 11,185 yen after it reported a better-than-expected first-quarter operating profit.
Telecom operator SoftBank Corp was up 0.83 percent at 1,462 yen after it reported an operating profit mostly in line with market expectations.
Honda was up 1.24 percent at 3,591 yen after the carmaker said it has upgraded its full-year forecast as it returned to the black in the first quarter.
On Wall Street, the Dow ended down 0.9 percent at 34,792.67 and the broad-based S&P was off 0.5 percent while the tech-rich Nasdaq edged up 0.1 percent.