AIRLINK 69.92 Increased By ▲ 4.72 (7.24%)
BOP 5.46 Decreased By ▼ -0.11 (-1.97%)
CNERGY 4.50 Decreased By ▼ -0.06 (-1.32%)
DFML 25.71 Increased By ▲ 1.19 (4.85%)
DGKC 69.85 Decreased By ▼ -0.11 (-0.16%)
FCCL 20.02 Decreased By ▼ -0.28 (-1.38%)
FFBL 30.69 Increased By ▲ 1.58 (5.43%)
FFL 9.75 Decreased By ▼ -0.08 (-0.81%)
GGL 10.12 Increased By ▲ 0.11 (1.1%)
HBL 114.90 Increased By ▲ 0.65 (0.57%)
HUBC 132.10 Increased By ▲ 3.00 (2.32%)
HUMNL 6.73 Increased By ▲ 0.02 (0.3%)
KEL 4.44 No Change ▼ 0.00 (0%)
KOSM 4.93 Increased By ▲ 0.04 (0.82%)
MLCF 36.45 Decreased By ▼ -0.55 (-1.49%)
OGDC 133.90 Increased By ▲ 1.60 (1.21%)
PAEL 22.50 Decreased By ▼ -0.04 (-0.18%)
PIAA 25.39 Decreased By ▼ -0.50 (-1.93%)
PIBTL 6.61 Increased By ▲ 0.01 (0.15%)
PPL 113.20 Increased By ▲ 0.35 (0.31%)
PRL 30.12 Increased By ▲ 0.71 (2.41%)
PTC 14.70 Decreased By ▼ -0.54 (-3.54%)
SEARL 57.55 Increased By ▲ 0.52 (0.91%)
SNGP 66.60 Increased By ▲ 0.15 (0.23%)
SSGC 10.99 Increased By ▲ 0.01 (0.09%)
TELE 8.77 Decreased By ▼ -0.03 (-0.34%)
TPLP 11.51 Decreased By ▼ -0.19 (-1.62%)
TRG 68.61 Decreased By ▼ -0.01 (-0.01%)
UNITY 23.47 Increased By ▲ 0.07 (0.3%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 7,394 Increased By 99.2 (1.36%)
BR30 24,121 Increased By 266.7 (1.12%)
KSE100 70,910 Increased By 619.8 (0.88%)
KSE30 23,377 Increased By 205.6 (0.89%)
Markets

Tokyo shares open higher

  • The dollar fetched 105.39 yen, nearly flat from 105.35 yen in London overnight.
Published February 16, 2021

TOKYO: Tokyo stocks opened higher on Tuesday as investors kept a bullish outlook with Japan preparing to start vaccinations against the coronavirus, fuelling hopes for economic normalisation.

The benchmark Nikkei 225 index rose 0.48 percent, or 145.59 points, to 30,229.74 in early trade, while the broader Topix index advanced 0.37 percent, or 7.21 points, to 1,961.15.

The market was also buoyed by global rallies overnight spurred by expanding coronavirus vaccination drives as well as hopes for huge US stimulus.

The Nikkei on Monday had closed above 30,000 for the first time since 1990.

Recent gains may mean that a period of correction is approaching, with the Nikkei seen as likely to take a breather soon, Okasan Online Securities said.

"Various media are reporting the rise of Japanese shares, and the market is attracting a lot of attention," it added.

"Because recent gains have been made at a high speed, there might be times when we will see investors locking in their profit."

The dollar fetched 105.39 yen, nearly flat from 105.35 yen in London overnight.

US markets were closed for Presidents Day.

Among major shares, Sony firmed 1.96 percent to 12,205 yen. SoftBank Group added 2.35 percent to 10,240 yen.

Uniqlo-operator Fast Retailing rose 2.10 percent to 101,550. But Toyota fell 0.35 percent to 8,426 yen. Its rival Nissan also dropped 1.62 percent to 600 yen.

Comments

Comments are closed.