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Home International Markets

Tokyo stocks open 0.27% higher, Nikkei 225 climbs up 55.32pts

byCustoms Today Report
01/07/2015
in International Markets
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TOKYO: Tokyo stocks opened 0.27 per cent higher Wednesday as investors largely shrugged off a Greek default on debt owed to the International Monetary Fund.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange rose 55.32 points to 20,291.05 at the start.

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Tokyo opened hours after Greece became the first developed country to default on its debt to the IMF, after missing a 1.5-billion-euro (S$2.3-billion) payment.

The higher opening also came after the release of a better-than-expected business confidence survey by the Bank of Japan.

 

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