Tokyo stocks rise 0.93%, on weak yen, hopes for firm April-June earnings
Tokyo stocks rise
Tokyo - XINHUA
Tokyo stocks rose 0.93 percent Tuesday, as the yen's weakness against the U.S. dollar gave a boost to export-oriented issues and added to expectations of firm April-June quarterly earnings by listed companies due this week.
The 225-issue Nikkei Stock Average was up 191.05 points, from Friday at 20,841.97, a level last seen on June 24. Tokyo markets were closed Monday for a national holiday.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 10.94 points, or 0.66 percent, higher at 1,673.88.
Gainers were led by shipping, utilities and air transport.
The turnover was 2,182.55 billion yen (about 17.55 billion U.S. dollars).
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