Tokyo Stocks Open Sharply Higher On US Bounceback
Muhammad Irfan 1 month ago Tue 22nd June 2021 | 09:10 AM
The benchmark Nikkei 225 index gained 1.79 percent or 500.60 points to 28,511.53 in early trade, while the broader Topix index was up 1.74 percent or 33.03 points at 1,932.48.
"Japanese shares are seen starting with buying after US shares bounced back" for the first time in six sessions, Mizuho Securities said in a note.
In Tokyo, Nissan was up 3.47 percent at 541.3 yen ahead of its general shareholders meeting, while its rivals were also higher, with Toyota trading up 2.85 percent at 9,913 yen and Honda up 2.47 percent at 3,480 yen.
Among other shares, Sony was up 2.70 percent at 10,825 yen and Panasonic up 3.56 percent at 1,247.5 yen.