Japanese stocks are broadly higher in early trade thanks to a weaker yen. Stocks are also getting a lift amid hopes that Prime Minister Sanae Takaichi could solidify her political standing following local media reports that she is considering a general election next month.
Auto, financial and machinery stocks are leading the gains. Toyota Motor is up 5.0%, Nomura Holdings gains 5.2% and Kawasaki Heavy Industries is 6.0% higher.
USD/JPY is at 158.01, up from 157.38 as of Friday's Tokyo stock market close. Japanese markets were closed on Monday for a national holiday.
Investors are focusing on the yen and Takaichi's policy moves. The Nikkei Stock Average is up 3.2% at 53584.31.
Sumber : Dow Jones Newswires
Reprinted from indopremier_id，the copyright all reserved by the original author.
Disclaimer: The views expressed are solely those of the author and do not represent the official position of Followme. Followme does not take responsibility for the accuracy, completeness, or reliability of the information provided and is not liable for any actions taken based on the content, unless explicitly stated in writing.
Like this article? Show your appreciation by sending a tip to the author.
Leave Your Message Now