The Nikkei rose for the first 15 minutes of trading immediately by 1.09%
Trading on the largest Asian stock markets, Tokyo opened with a steady growth of quotations, which was influenced by new records of the S&P 500 and the Dow Jones, as well as the weakening of the yen against the dollar.
So, Nikkei 225 rose for the first 15 minutes of the trading session by 1.09% to 17829.03 p., And TOPIX - 1.05% to 1427.95 p.
According to the analyst of SMBC Nikko Securities Inc., Hiroiti Nishi, the US economic recovery is accelerating, and the Japanese market will continue to grow by buying risky assets and the weakening of the national currency of the country.
Recently, the growth of the Dow Jones index was 0.4% and reached a record 18,026.10 p., breaking the psychological level of 18,000 p. at the same time, S&P 500 rose by 0.2% to 2082.21 p. The high positive results of trading on the US stock exchanges are pushing for growth and shares of Japanese companies receiving substantial profits from sales in the United States.
The yen rose against the dollar to 120.69 – 120.71 compared with 119.52 – 119.53 the day before.