TOKYO: Tokyo stocks rose in early trading Thursday as exporters got a boost from the yen’s weakness against the U.S. dollar following Federal Reserve Chair Janet Yellen’s comments in a congressional testimony Wednesday that a U.S. interest rate hike is still possible next month.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 164.57 points, or 0.87 percent, from Wednesday to 19,091.48. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 12.26 points, or 0.80 percent, to 1,552.69.
Gainers were led by foods, shipping and securities.
