ANL 16.05 Decreased By ▼ -0.15 (-0.93%)
ASC 14.38 Decreased By ▼ -0.25 (-1.71%)
ASL 20.42 Increased By ▲ 0.38 (1.9%)
BOP 8.60 Increased By ▲ 0.05 (0.58%)
BYCO 7.48 Decreased By ▼ -0.05 (-0.66%)
FCCL 17.00 Decreased By ▼ -0.50 (-2.86%)
FFBL 22.60 Decreased By ▼ -0.55 (-2.38%)
FFL 15.20 Decreased By ▼ -0.05 (-0.33%)
FNEL 7.30 Decreased By ▼ -0.05 (-0.68%)
GGGL 16.94 Decreased By ▼ -0.21 (-1.22%)
GGL 29.15 Decreased By ▼ -0.80 (-2.67%)
HUMNL 6.28 Increased By ▲ 0.32 (5.37%)
JSCL 20.45 Decreased By ▼ -0.23 (-1.11%)
KAPCO 28.58 Decreased By ▼ -0.41 (-1.41%)
KEL 3.50 Increased By ▲ 0.02 (0.57%)
MDTL 2.19 Increased By ▲ 0.08 (3.79%)
MLCF 33.10 Decreased By ▼ -0.50 (-1.49%)
NETSOL 103.60 Decreased By ▼ -2.40 (-2.26%)
PACE 4.28 Decreased By ▼ -0.05 (-1.15%)
PAEL 27.30 Decreased By ▼ -0.65 (-2.33%)
PIBTL 8.58 Decreased By ▼ -0.12 (-1.38%)
POWER 6.80 Decreased By ▼ -0.10 (-1.45%)
PRL 16.90 Decreased By ▼ -0.28 (-1.63%)
PTC 9.15 Decreased By ▼ -0.15 (-1.61%)
SILK 1.43 Decreased By ▼ -0.01 (-0.69%)
SNGP 43.20 Increased By ▲ 0.87 (2.06%)
TELE 16.03 Decreased By ▼ -0.42 (-2.55%)
TRG 133.28 Decreased By ▼ -2.50 (-1.84%)
UNITY 29.58 Decreased By ▼ -0.32 (-1.07%)
WTL 2.31 Decreased By ▼ -0.09 (-3.75%)
BR100 4,676 Increased By ▲ 8.21 (0.18%)
BR30 20,674 Decreased By ▼ -218.24 (-1.04%)
KSE100 44,976 Increased By ▲ 154.39 (0.34%)
KSE30 17,612 Increased By ▲ 90.25 (0.52%)

Coronavirus
LOW Source: covid.gov.pk
Pakistan Deaths
28,280
1124hr
Pakistan Cases
1,265,047
66324hr
1.66% positivity
Sindh
465,819
Punjab
437,974
Balochistan
33,128
Islamabad
106,469
KPK
176,886
Markets

Tokyo stocks open higher with eyes on virus cases

  • The firm's CEO stepped down on Wednesday after a first buyout offer stirred internal turmoil.
15 Apr 2021

TOKYO: Tokyo stocks opened slightly higher on Thursday in cautious trade after a mixed close on Wall Street with fears over an expansion of virus infections in Japan.

The benchmark Nikkei 225 index was up 0.07 percent or 19.67 points at 29,640.66 in early trade, while the broader Topix index edged up 0.42 percent or 8.12 points to 1,960.30.

Japanese shares are seen moving in a narrow range "with a wait-and-see attitude increasing following a mixed close for US shares," Okasan Online Securities senior strategist Yoshihiro Ito said in a note.

"Concerns over a fourth wave of virus infections are likely to weigh on the market as the number of (daily) new cases across Japan topped 4,000," he added.

Investors are also increasingly cautious ahead of the Japanese corporate earnings season in coming weeks, Mizuki Securities added.

The dollar fetched 108.82 yen in early Asian trade, against 108.94 yen in New York late Wednesday.

In Tokyo, Toshiba was up 1.13 percent at 4,915 yen as investors watched developments in possible buyout offers for the Japanese engineering giant by foreign funds.

The firm's CEO stepped down on Wednesday after a first buyout offer stirred internal turmoil.

Automakers were higher, with Toyota trading up 0.65 percent at 8,540 yen and its smaller rival Honda up 1.86 percent at 3,348 yen.

Sony was up 0.90 percent at 12,300 yen, Panasonic was up 2.07 percent at 1,427.5 yen, and chip-testing equipment maker Advantest was up 1.32 percent at 10,770 yen.

On Wall Street, the Dow ended up 0.2 percent at 33,730.89, but the broad-based S&P slipped 0.4 percent and the tech-rich Nasdaq closed down 1.0 percent.

Comments

Comments are closed.