Tokyo stocks open higher as exporters bought on weaker yen
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 278.90 points, or 0.65 percent, from Thursday to 42,928.16. The broader Topix index was up 30.52 points, or 1.00 percent, at 3,088.47.
On the top-tier Prime Market, gainers were led by bank, insurance, and electric power and gas issues.
At 9 a.m., the U.S. dollar fetched 147.67-71 yen compared with 147.72-82 yen in New York and 146.55-57 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.1650-1651 and 172.06-09 yen against $1.1642-1652 and 172.04-14 yen in New York and $1.1679-1680 and 171.16-20 yen in Tokyo late Thursday afternoon.
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