Stocks rise on weaker yen in Tokyo

Stocks rise on weaker yen in TokyoTokyo  - Tokyo stocks opened higher Wednesday on mainly export-oriented issues as the US dollar advanced against the yen.

The Nikkei 225 Stock Average rose 175.23 points, or 1.23 per cent, to 14,384.4.

The broader Topix index of all first-section issues was also up 18.38 points, or 1.31 per cent, at 1,425.82.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 104.98-105.01 yen, up from Tuesday's 5 pm quote of 104.24-26 yen.

The euro was quoted at 1.5447-52 dollars, down from Tuesday's 5 pm quote of 1.5584-86 dollars, and at 162.20-25 yen, down from 162.45-49 yen. (dpa)

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