Nikkei Rises 1.5%, Led by Chip-Related Stocks

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Japanese stocks are higher in early trade thanks to a weaker yen and a recovery in U.S. tech shares overnight. Chip-related stocks are leading gains. Kioxia Holdings is up 6.0% and SoftBank Group is 2.5% higher.
USD/JPY is at 154.03, up from 153.64 as of Wednesday's Tokyo stock-market close.
Investors are closely watching earnings as well as any progress in Prime Minister Sanae Takaichi's economic measures. Fujifilm Holdings and Suzuki Motor are scheduled to release their results later in the day.
The Nikkei Stock Average is up 1.5% at 50979.20.

Sumber : Dow Jones Newswires

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