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Tokyo stocks open higher on Wall St. gains
MAINICHI
| Kemarin, 09:57
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TOKYO (Kyodo) -- Tokyo stocks opened higher Wednesday, lifted by Wall Street gains overnight as concern eased over the adverse impact of a low-cost artificial intelligence model developed by a Chinese startup.
In the first 15 minutes of trading, the 225-issue Nikkei Stock Average rose 314.94 points, or 0.81 percent, from Tuesday to 39,331.81. The broader Topix index was up 12.33 points, or 0.45 percent, at 2,769.23.
On the top-tier Prime Market, gainers were led by marine transportation, insurance and pharmaceutical issues.
At 9 a.m., the U.S. dollar fetched 155.57-58 yen compared with 155.48-58 yen in New York and 155.84-87 yen in Tokyo at 5 p.m. Tuesday.
The euro was quoted at $1.0425-0429 and 162.18-25 yen against $1.0426-0436 and 162.17-27 yen in New York and $1.0434-0435 and 162.62-66 yen in Tokyo late Tuesday afternoon.
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