TOKYO: Tokyo stocks opened 0.32 per cent higher on Tuesday after a global equities sell-off, as the euro was resilient with investors bracing for an expected Greek default.
The Nikkei 225 index at the Tokyo Stock Exchange, which closed down 2.88 per cent on Monday, turned up 64.66 points to 20,174.61 at the start.
Global stocks slumped Monday on Greece’s decision to hold a referendum on austerity conditions demanded by its creditors in exchange for bailout funds, increasing the possibility of a Greek default and eurozone departure.
The broad-based S&P 500 on Wall Street sank 2.09 per cent, suffering its steepest loss of 2015.
