TOKYO: Tokyo stocks opened higher on Monday as investors await developments in last-ditch talks aimed at hammering out a new bailout deal for Greece.
The Nikkei 225 index at the Tokyo Stock Exchange rose 0.84 per cent, or 166.79 points, to 19,946.62 in the first few minutes of trading.
Investors appeared to be taking a wait-and-see approach as uncertainty swirled around a summit aimed at hammering out a debt deal for Greece.
During the high-stakes talks, Germany and other eurozone leaders handed Greece an ultimatum for desperately needed cash Sunday, with Chancellor Angela Merkel pushing for a temporary euro exit — or “time out” — if it does not agree.
