Tokyo stocks open higher on buybacks after heavy selling --China Economic Net

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Tokyo stocks open higher on buybacks after heavy selling

Last Updated: 2018-12-07 16:16 | Xinhua

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Tokyo stocks opened higher Friday as technology issues were bought back as they were deemed oversold the previous day.

As of 9:15 a.m., the 225-issue Nikkei Stock Average added 141.16 points, or 0.66 percent, from Thursday to 21,642.78.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 10.84 points, or 0.67 percent, at 1,621.44.

Precision instrument, service and electric power and gas-linked issues comprised those that gained the most in the opening minutes after the morning bell.

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