Tokyo stocks open modestly higher ahead of earnings reports
Tokyo - Stocks opened slightly higher Tuesday in Tokyo amid a wait-and-see mood among investors ahead of corporate earnings reports and forecasts.
The benchmark Nikkei 225 Stock Average inched up 7.62 points, or 0.1 per cent, to 7,881.6.
The broader Topix index of all first section issues was also up 0.87 points, or 0.11 per cent, at 778.72.
Tokyo players moved to buy some shares battered during the previous day, but gains were limited because of pessimistic earnings outlooks of Japanese firms.
On currency markets at 9 am (0000 GMT), the dollar traded at 89.38-43 yen, up from Monday's 5 pm quote of 89.36-37 yen.
The euro traded at 1.2810-15 dollars, up from late Friday's quote of 1.2718-19 dollars, and at 114.48-53 yen, up from 113.65-69 yen. (dpa)