AIRLINK 66.80 Increased By ▲ 2.21 (3.42%)
BOP 5.67 Increased By ▲ 0.07 (1.25%)
CNERGY 4.63 Decreased By ▼ -0.09 (-1.91%)
DFML 22.32 Increased By ▲ 1.56 (7.51%)
DGKC 69.76 Decreased By ▼ -1.64 (-2.3%)
FCCL 19.62 Decreased By ▼ -0.33 (-1.65%)
FFBL 30.20 Decreased By ▼ -0.25 (-0.82%)
FFL 9.90 Decreased By ▼ -0.15 (-1.49%)
GGL 10.05 No Change ▼ 0.00 (0%)
HBL 115.70 Increased By ▲ 4.70 (4.23%)
HUBC 130.51 Decreased By ▼ -0.33 (-0.25%)
HUMNL 6.74 Decreased By ▼ -0.11 (-1.61%)
KEL 4.35 Decreased By ▼ -0.04 (-0.91%)
KOSM 4.80 Increased By ▲ 0.46 (10.6%)
MLCF 37.19 Decreased By ▼ -0.56 (-1.48%)
OGDC 133.55 Decreased By ▼ -0.30 (-0.22%)
PAEL 22.60 Increased By ▲ 0.03 (0.13%)
PIAA 26.70 Decreased By ▼ -0.85 (-3.09%)
PIBTL 6.25 Decreased By ▼ -0.06 (-0.95%)
PPL 113.95 Decreased By ▼ -1.00 (-0.87%)
PRL 27.15 Decreased By ▼ -0.07 (-0.26%)
PTC 16.13 Decreased By ▼ -0.37 (-2.24%)
SEARL 59.70 Decreased By ▼ -1.00 (-1.65%)
SNGP 66.50 Increased By ▲ 1.35 (2.07%)
SSGC 11.21 Decreased By ▼ -0.14 (-1.23%)
TELE 8.94 Decreased By ▼ -0.03 (-0.33%)
TPLP 11.34 Increased By ▲ 0.09 (0.8%)
TRG 69.36 Increased By ▲ 0.31 (0.45%)
UNITY 23.45 Increased By ▲ 0.01 (0.04%)
WTL 1.36 Decreased By ▼ -0.03 (-2.16%)
BR100 7,312 Decreased By -12.8 (-0.17%)
BR30 24,106 Increased By 48.2 (0.2%)
KSE100 70,484 Decreased By -60.9 (-0.09%)
KSE30 23,203 Increased By 11.5 (0.05%)
Markets

Tokyo stocks open higher despite lack of fresh clues

  • The dollar fetched 103.68 yen in early Asian trade, against 103.65 yen in London on Monday.
Published January 19, 2021

TOKYO: Tokyo stocks opened higher on Tuesday following two days of profit-taking, with few market-moving cues coming out of the United States after a public holiday.

The benchmark Nikkei 225 index was up 0.68 percent or 191.95 points at 28,434.16 in early trade, while the broader Topix index gained 0.18 percent or 3.35 points to 1,848.84.

"With few fresh clues for trade after the US market was closed, investors are trying to work out where to rebound to" after recent falls on profit-taking, said Yoshihiro Ito, senior strategist at Okasan Online Securities, said in a note.

Investors were watching headlines linked to Japan's vaccination schedule after Taro Kono, a high-profile minister for administrative and regulatory reforms, was tasked with coordinating the vaccine rollout, analysts said.

The dollar fetched 103.68 yen in early Asian trade, against 103.65 yen in London on Monday.

In Tokyo, chip-linked shares were higher, with manufacturer Tokyo Electron rallying 2.27 percent to 44,200 yen, and testing equipment maker Advantest trading up 3.08 percent at 9,040 yen.

Banks were also higher, with Mitsubishi UFJ Financial trading up 0.83 percent at 495.3 yen and Sumitomo Mitsui Financial up 0.81 percent at 3,468 yen.

Comments

Comments are closed.