Tokyo
Tokyo stocks were higher in early trade after opening modestly lower on Thursday as investors adjusted positions following recent rallies and a mixed end on Wall Street. The benchmark Nikkei 225 was up 0.90 percent or 255.26 points at 28,711.85 about 40 minutes after the opening bell, while the broader Topix index was up 0.41 percent or 7.56 points at 1,871.96. “Japanese shares are seen moving in a narrow range following a mixed close in the US market,” senior market analyst Toshiyuki Kanayama of Monex said in a commentary. “Amid a sense of overheating in the short term, the focus is whether the Nikkei will be able to sustain the steady trend that had been seen” until the previous session, he added. “US impeachment proceedings do not appear to be having an overwhelming impact on markets,” added Tapas Strickland.—APP
