Wednesday May 14, 01:58 AM
Tokyo shares open mixed on Wall Street's lead
TOKYO (Thomson Financial) - Japanese shares opened mixed on Wednesday, tracking Wall Street's performance overnight, although a weaker yen encouraged some buying in export-related stocks.
U.S. stocks finished mixed on Tuesday
after a fresh report on retail sales and a new oil price record showed investors the same scenario in which the economy is hurting and costs are rising, but that things could be worse.
The dollar was last quoted at 104.73 yen, up more than 1 yen from 103.60-63 yen at 5 p.m. Tuesday.
At 9:15 a.m. (0015 GMT), the Nikkei (news) 225 Stock Average was up 11.45 points or 0.08 percent at 13,965.18. It opened up 8.23 points or 0.1 percent.
The broader Topix declined 1.01 points or 0.07 percent to 1,359.04.
($1 = 104.73 yen)
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