Tokyo stocks were slightly higher in opening trade Wednesday after New York shares pushed to another record close despite international tensions over North Korea’s military threat.
The Nikkei 225 index at the Tokyo Stock Exchange gained 59.05 points, or 0.45 percent, to 13,251.40 in the first few minutes of trade.”Market confidence is unshaken, and stocks should see resumed buying today, albeit on a limited basis,” said SMBC Nikko Securities general manager of equities Hiroichi Nishi
The seclusive communist state said Tuesday the Korean peninsula was headed for “thermo-nuclear” war and advised foreigners to consider leaving South Korea, as the UN chief warned of a potentially “uncontrollable” situation
.In New York the Dow Jones Industrial Average rose 59.98 points, or 0.41 percent, to another record high of 14,673.46 on Tuesday, led by strong gains in tech shares Microsoft and Intel.The yen was slightly stronger, fetching 99.09 to the dollar and 129.62 to the euro…
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Tokyo stocks open slightly higher