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Tokyo stocks open up despite weak Wall St lead

AFP

Tokyo stocks opened cautiously higher Wednesday, despite a weak lead from financial markets in Europe and on Wall Street following another drop in crude prices.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange gained 0.26 percent, or 42.42 points, to 16,127.86 in opening deals, holding ground following a whopping 5.4-percent loss the previous day.

The broader Topix index of all first-section shares edged up 0.12 percent, or 1.54 points, to 1,305.87.