Thursday May 15, 01:44 AM
Tokyo shares open firmer on Wall Street's rise after milder inflation
TOKYO (Thomson Financial) - Japanese shares opened firmer on Thursday as investors took their lead from Wall Street's overnight gains following a milder-than-expected increase in consumer prices and a drop in crude oil prices.
A weaker yen and Sony Corp (Munich: 853687 - news) .'s upbeat earnings outlook also supported sentiment.
Overnight, the Dow Jones (news) industrials Average rose 66.20 points or 0.5 percent to 12,898.38.
At 9:19 a.m. (0019 GMT), the Nikkei (news) 225 Stock Average was up 55.81 points or 0.4 percent at 14,174.36. It opened up 48.47 points or 0.3 percent.
The broader Topix rose 13.15 points or 1 percent to 1,386.19.
($1 = 105.22 yen)
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