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The Tokyo stock market rises about 2% at the opening driven by the yen

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Tokyo, March 23 (EFE).- The main index of the Tokyo Stock Exchange, the Nikkei, rose nearly 2% at the opening of this Wednesday and continued to extend gains, driven by the devaluation of the yen against the dollar and the push that this entails for its exporters.

After the first 25 minutes, the Nikkei, which brings together the 225 most representative titles on the market, accumulated a rise of 1.91% or 519.06 points, and stood at 27,743.17 integers.

The Topix, which includes the firms in the first section, those with the largest capitalization, added 1.33% or 25.80 points, and moved at 1,959.54 units.

The Tokyo parquet gave continuity today at the beginning of the trend of the day before, when the Nikkei rose 1.48% after the dollar reached its best level in six years against the yen, a trend that improves the competitiveness of Japanese products in abroad and fuels profits when remittances are returned.

The greenback traded at the open in Tokyo today in the low 121 yen range, compared to the mid 120 yen range on Tuesday afternoon.

This has generated strong demand for export-linked stocks, which will continue to drive today’s season.

Semiconductor component analysis equipment maker Lasertec was the company that was tradable in the order and the shares rose 5.74%.

The Mitsubishi UFJ financial group was divided by operations and advances at 2.01%, divided by the Softbank telecommunications group, and 5.71%.

The vehicle manufacturer Toyota rose 2.11% despite announcing the day before an additional suspension of national production lines due to the impact of the earthquake in the northeast of the country that occurred in the middle of last week.

The video game developer and distributor Nintendo Ganaba and 3.37% and the technological multinational Sony, and 1.03%.

c) EFE Agency

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