The Nikkei Average rose around 340 yen, with Taiyo Yuden, Fujikura and Mitsui Mining & Smelting among the top constituent stocks by percentage gain. Influenced by the previous day's US market, the Nikkei Average opened with a sharp expansion in its gains.
The Nikkei Stock Average is trading around 340 yen above the previous day's level in today's Tokyo stock market, rising by 383 yen 4 sen to around ¥68,160.99 at 10:53 a.m. Although the previous day's US market was soft, short-term buying is in focus as the Nikkei Average rebounds after four consecutive declines. The exchange rate is trading at around ¥158.40 to the US dollar.
Among Nikkei Average constituents, Taiyo Yuden, Fujikura, Mitsui Mining & Smelting, Resonac and Sumitomo Chemical rank among the top gainers by percentage. The top decliners include Olympus, Aeon, Resona Holdings, Yokohama Bank and J Front.