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Home International Markets

Tokyo stocks open 0.75pc higher, Nikkei 225 climbs 149.21pts

byCustoms Today Report
20/05/2015
in International Markets
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TOKYO: Tokyo stocks opened 0.75 per cent higher on Wednesday as a weaker yen and stronger-than-expected Japanese growth data boosted the market.

The Nikkei 225 index at the Tokyo Stock Exchange climbed 149.21 points to 20,175.59 at the start.Japanese government data released early Wednesday showed the world’s third largest economy grew 0.6 per cent in the first quarter after limping out of recession in the previous three months.

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The latest growth figure was bigger than a revised 0.3 per cent expansion in the final quarter of 2014 and beat the market median forecast of a 0.4 per cent on-quarter increase.

 

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