Nikkei hits 22-month high after Dow sets record
Weaker yen gives exporters a big push
TOKYO (Kyodo) -- Tokyo stocks opened sharply higher Tuesday, with the Nikkei hitting a 22-month intraday high, after the Dow Jones Industrial Average ended at another record overnight, with exporters boosted by the weaker yen.
The 225-issue Nikkei Stock Average rose 238.71 points, or 1.19 percent, from Monday to 20,306.46, its highest intraday level since Aug. 19, 2015. The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 16.50 points, or 1.03 percent, to 1,622.57.
Gainers were led by rubber product, securities and machinery issues.