TOKYO – Tokyo stocks opened higher today with a shortage of fresh market-moving events despite falls on Wall Street and a high yen against the United States dollar.
The benchmark Nikkei 225 index was up 0.22%, or 66.10 points, at 29,762.73 in early trade, while the broader Topix index was up 0.41%, or 8.00 points, at 1,962.34.
“Japanese shares are seen trading mixed as the Tokyo market declined ahead of falls on Wall Street, with few fresh market-moving events,” said Okasan Online Securities in a statement.
The dollar fetched ¥109.82 (RM4.13) in early Asian trade, against ¥109.73 in New York.
Toshiba shares were suspended as its president confirmed reports that a British private equity fund has proposed a buyout of the Japanese company, in a deal reportedly worth about US$20 billion (RM82.45 billion).
Among other major firms, Toyota was up 1.94% at ¥8,528, Canon was up 0.96% at ¥2,530 and Sony was up 0.25% at ¥12,110.
On Wall Street, the Dow ended down 0.3% at 33,430.24. – AFP, April 7, 2021
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