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Home International Markets

Tokyo stocks open marginally higher, Nikkei 225 surges 81.91pts

byCustoms Today Report
21/05/2015
in International Markets
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TOKYO: Tokyo stocks opened slightly higher on Thursday, with a weaker yen underpinning the Nikkei index after it hit a fresh 15-year high the previous day.

The Nikkei 225 index at the Tokyo Stock Exchange, which finished at its best level since April 2000 on Wednesday, added 18.91 points, or 0.09 percent, to 20,215.46 at the start.

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The dollar rose on Wednesday as US Federal Reserve monetary policy meeting minutes showed a June interest rate hike was unlikely but investors were convinced September was still in play.

“Many participants” at the US central bank’s April monetary policy meeting “thought it unlikely that the data available in June” would meet conditions required for a rate hike, the minutes of the April 28-29 meeting said.

 

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