TOKYO: Tokyo stocks opened 0.73 per cent higher on Thursday, taking a positive lead from Wall Street and a stable dollar, but Panasonic shares dived as its operating profit fell in the latest quarter.
The Nikkei 225 index at the Tokyo Stock Exchange gained 147.70 points to 20,450.61 at the start.
The higher opening also came after official data showed Japan’s factory output expanded a better-than-expected 0.8 per cent month-on-month in June.
Nintendo shares soared 7.32 per cent to 22,000 yen as the videogame giant swung to a US$67 million net profit in the three months to June, reversing a loss in the same period a year ago.