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Tokyo Stocks Rise Amid U.S. Stock Gains

NUSADAILY.COM -TOKYO-Tokyo stocks opened slightly higher on Monday morning, when gains in U.S. stocks last weekend boosted market sentiment, though some investors chose to take early gains limiting market gains.

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At 9:15 a.m. local time, the benchmark Nikkei 225 index on the Tokyo Stock Exchange (TSE) added 45.70 points, or 0.15 percent, from Friday’s close (3/12/2021), to trade at 29,763.53 points. Last weekend, the Nikkei 225 index jumped 506.19 points, or 1.73 percent, to 29,717.83 points.

Meanwhile, the broader Topix index of all major board stocks on the Tokyo market fell 8.70 points, or 0.45 percent, to trade at 1,959.76 points. The Topix index rose 26.14 points, or 1.36 percent, to 1,951.06 points by the end of trading Friday (3/12/2021).

Shares of issuers related to sea transportation, air transport and iron and steel were the biggest gainers in the opening minutes after the morning trading bell. (sak)

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