Tokyo stocks open higher on oil prices drop, eased credit concerns
Tokyo stocks opened higher Thursday on a fall in oil prices and eased credit concerns, dpa reported.
The Nikkei 225 Stock Average rose 168.78 points, or 1.27 per cent, to 13,481.71.
The broader Topix index of all first-section issues was also up 18.02 points, or 1.38 per cent, to 1,321.37.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 107.89-92 yen, up from Wednesday's 5 pm quote of 107.68-70 yen.
The euro was quoted at 1.5680-85 dollars, down from Wednesday's 5 pm quote of 1.5766-68 dollars, and at 169.21-26 yen, down from 169.77-81 yen.