SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : VOLTAIRE'S PORCH-MODERATED -- Ignore unavailable to you. Want to Upgrade?


To: Dealer who wrote (42651)9/27/2001 10:22:13 PM
From: Dealer  Respond to of 65232
 
Asia Markets

Tokyo stocks gain on softer yen

By Mariko Ando, CBS.MarketWatch.com
Last Update: 9:07 PM ET Sep 27, 2001

TOKYO (CBS.MW) -- Tokyo stocks opened sharply higher Friday, as the softer yen against the dollar helped some exporters extend their gains.

The Nikkei Average jumped 136.93 to 9,883.46 by early morning. The broader Topix rose 13.45 to 1,017.23.

Automakers and game software makers with heavy global exposure rallied on the back of a softer yen.

The dollar was trading at 119.74 yen early Friday morning in Tokyo, up from 119.55 yen late Thursday in New York, where it rose as high as 120.05 yen shortly after the Bank of Japan intervened in currency markets.

South Korea's Kospi opened up 0.4 percent at 474.29 and Australia's All Ordinaries Index added 0.79 percent to 2,964.80 by early morning.