AIRLINK 190.15 Decreased By ▼ -6.50 (-3.31%)
BOP 10.19 Increased By ▲ 0.05 (0.49%)
CNERGY 6.59 Decreased By ▼ -0.10 (-1.49%)
FCCL 34.18 Increased By ▲ 1.16 (3.51%)
FFL 16.66 Increased By ▲ 0.01 (0.06%)
FLYNG 24.00 Increased By ▲ 1.55 (6.9%)
HUBC 126.65 Decreased By ▼ -0.64 (-0.5%)
HUMNL 13.85 Decreased By ▼ -0.05 (-0.36%)
KEL 4.78 Increased By ▲ 0.02 (0.42%)
KOSM 6.54 Increased By ▲ 0.17 (2.67%)
MLCF 43.25 Increased By ▲ 1.03 (2.44%)
OGDC 214.50 Increased By ▲ 1.47 (0.69%)
PACE 7.31 Increased By ▲ 0.30 (4.28%)
PAEL 41.90 Increased By ▲ 1.03 (2.52%)
PIAHCLA 17.49 Increased By ▲ 0.67 (3.98%)
PIBTL 8.46 Increased By ▲ 0.17 (2.05%)
POWER 9.00 Increased By ▲ 0.18 (2.04%)
PPL 185.80 Increased By ▲ 2.23 (1.21%)
PRL 38.10 Decreased By ▼ -0.17 (-0.44%)
PTC 24.29 Increased By ▲ 0.22 (0.91%)
SEARL 95.30 Increased By ▲ 0.19 (0.2%)
SILK 1.00 No Change ▼ 0.00 (0%)
SSGC 39.85 Decreased By ▼ -0.46 (-1.14%)
SYM 17.90 Decreased By ▼ -0.31 (-1.7%)
TELE 8.76 Increased By ▲ 0.03 (0.34%)
TPLP 12.60 Increased By ▲ 0.39 (3.19%)
TRG 64.30 Decreased By ▼ -0.06 (-0.09%)
WAVESAPP 10.36 Decreased By ▼ -0.08 (-0.77%)
WTL 1.77 Decreased By ▼ -0.02 (-1.12%)
YOUW 3.96 Decreased By ▼ -0.04 (-1%)
BR100 11,728 Increased By 5.1 (0.04%)
BR30 35,557 Increased By 197.9 (0.56%)
KSE100 113,311 Increased By 672.4 (0.6%)
KSE30 35,668 Increased By 209.7 (0.59%)

imageTOKYO: Tokyo stocks opened 1.12 percent higher on Thursday after the dollar rose past 102 yen for the first time in six months.

The Nikkei 225 index gained 172.56 points to 15,622.19 at the start.

The dollar rose past 102 yen Wednesday after the Tokyo market closed following comments from a Bank of Japan official suggesting there was a potential for more easing.

BoJ board member Sayuri Shirai said the central bank "should not hesitate" to take additional easing steps if needed.

A weak yen is good for Japanese exporters as it makes them more competitive abroad and increases repatriated profits.

The dollar was at 102.17 yen early Thursday compared with 102.16 yen in New York Wednesday afternoon.

The euro fetched $1.3572 and 138.68 yen compared with $1.3576 and 138.71 yen.

US stocks Wednesday rose to new records following a stream of mixed economic data on the eve of the Thanksgiving holiday.

The Dow Jones Industrial Average tacked 0.15 percent to close at 16,097.33.

Comments

Comments are closed.