Tokyo stocks open 0.78% higher

Tokyo stocks opened 0.78 percent higher on Wednesday as the yen continued to trend lower amid expectations for more aggressive easing steps by the Bank of Japan.

The Nikkei 225 index at the Tokyo Stock Exchange was up 71.09 points at 9,213.73 at the start.

The yen has weakened in recent days after Japan's opposition leader, who is favourite to be Japan's next prime minister following December elections, called for bolder steps by the central bank.

A strong yen hurts Japanese exporters as it erodes their income when repatriated.

The euro bought $1.2815 and 104.75 yen in early Asian trade, compared with $1.2818 and 104.70 yen in New York late Tuesday. The dollar firmed to 81.77 yen from 81.67 yen in US trade.

Shortly before the market opened, Japan's finance ministry released trade data showing the nation's deficit in October nearly doubled on year to $6.7 billion as shipments to Europe sank while a territorial spat with China also weighed.

US stocks closed near break-even Tuesday, clawing back from losses after Hewlett-Packard's huge charge for a soured acquisition and disappointing results rattled sentiment.

The Dow Jones Industrial Average shed 0.06 percent to 12,788.51.

Loading...
 
Recent Quotes
Symbol Price Change % Chg 
Your most recently viewed tickers will automatically show up here if you type a ticker in the "Enter symbol/company" at the bottom of this module.
You need to enable your browser cookies to view your most recent quotes.
 
Sign-in to view quotes in your portfolios.

Market Data

  • Currencies
    Currencies
    NamePriceChange% Chg
    1.2561+0.0002+0.02%
    USDSGD=X
    1.7392+0.0106+0.61%
    EURSGD=X
    2.1115+0.0233+1.12%
    GBPSGD=X
    81.5758+0.1317+0.16%
    SGDJPY=X
    6.1723-0.0413-0.66%
    SGDHKD=X
    2.6024+0.0009+0.03%
    SGDMYR=X
    9,258.4482+85.1211+0.93%
    SGDIDR=X
    4.9660-0.0011-0.02%
    SGDCNY=X
    1.1661-0.0099-0.84%
    AUDSGD=X
  • Commodities
    Commodities
    NamePriceChange% Chg
    1,284.80+3.70+0.29%
    GCM14.CMX
    19.44+0.08+0.43%
    SIK14.CMX
    91.05+1.15+1.28%
    ^XAU
    3.05-0.01-0.28%
    HGK14.CMX
    101.55-0.20-0.20%
    CLM14.NYM
  • Bonds
    Bonds
    TreasuryYield (%)Yield Change
    1.75+0.02
    ^FVX
    2.73+0.01
    ^TNX
    3.50-0.02
    ^TYX

MARKET MOVERS

  • Most Actives
    Most Actives
    NamePriceChange% Chg
    0.121+0.001+0.83%
    B22.SI
    2.22+0.010+0.45%
    JS8.SI
    0.161+0.003+1.90%
    5GB.SI
    0.61+0.005+0.83%
    E5H.SI
    0.143-0.002-1.38%
    545.SI
  • % Gainers
    % Gainers
    NamePriceChange% Chg
    0.21+0.016+8.25%
    F10.SI
    0.184+0.014+8.24%
    5WD.SI
    0.215+0.016+8.04%
    5UZ.SI
    0.161+0.011+7.33%
    A03.SI
    0.225+0.015+7.14%
    P36.SI
  • % Losers
    % Losers
    NamePriceChange% Chg
    0.245-0.055-18.33%
    T18.SI
    0.161-0.019-10.56%
    T16.SI
    0.36-0.040-10.00%
    S24.SI
    0.115-0.010-8.00%
    I54.SI
    0.181-0.014-7.18%
    CZ4.SI