Tokyo stocks open up 0.50%

Tokyo stocks climbed 0.50 percent in quiet trading on Friday, with a weak yen sending exporters higher.

The Nikkei 225 index, which closed flat on Thursday, rose 71.84 points to 14,489.37 at the start.

"It's mostly a story about the yen, futures, and the US holiday tonight, all of which point to a relatively quiet, if slightly bullish trading session," says Hiroichi Nishi, SMBC Nikko Securities general manager of equities.

The dollar was at 102.44 yen early Friday in Tokyo, up from 102.39 yen in New York Thursday afternoon ahead of the Easter weekend.

The euro fetched $1.3810 and 141.49 yen against $1.3813 and 141.45 yen.

The Tokyo market is lacking energy as many players are absent, and it is still trying to find an appropriate level after last week's sharp selloff, Nishi added.

US shares were mixed on Thursday as the Dow Jones Industrial Average fell 0.10 percent to 16,408.54, while the broad-based S&P 500 advanced 0.14 percent to 1,864.85.

The US market got a lift from Sina Weibo, a Twitter-like Chinese micro-blogging site, which rose from its subscription price of $17 to as high as $24.28, before settling the day at $20.24 in its trading debut.

-- Dow Jones Newswires contributed to this article --

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Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2582+0.00010.00%
    USDSGD=X
    1.74020.000.00%
    EURSGD=X
    2.11380.000.00%
    GBPSGD=X
    81.3016+0.0096+0.01%
    SGDJPY=X
    6.1624-0.00030.00%
    SGDHKD=X
    2.5983-0.00010.00%
    SGDMYR=X
    9,219.8564-36.1699-0.39%
    SGDIDR=X
    4.9667-0.00020.00%
    SGDCNY=X
    1.16520.000.00%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,293.70+3.10+0.24%
    GCM14.CMX
    19.64-0.05-0.24%
    SIK14.CMX
    91.62-1.25-1.35%
    ^XAU
    3.120.00-0.05%
    HGK14.CMX
    101.91+0.47+0.46%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.74+0.03
    ^FVX
    2.690.00
    ^TNX
    3.460.00
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.123+0.001+0.82%
    B22.SI
    0.15+0.008+5.63%
    545.SI
    0.635+0.040+6.72%
    5WH.SI
    0.615+0.005+0.82%
    E5H.SI
    1.355+0.005+0.37%
    G13.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    20.00+4.200+26.58%
    K6S.SI
    1.215+0.190+18.54%
    S53.SI
    0.415+0.045+12.16%
    570.SI
    1.345+0.130+10.70%
    5DA.SI
    0.154+0.014+10.00%
    5GD.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.053-0.059-52.68%
    5TF.SI
    1.62-0.520-24.30%
    N02.SI
    0.20-0.020-9.09%
    E94.SI
    0.179-0.013-6.77%
    567.SI
    0.30-0.020-6.25%
    508.SI