Tokyo stocks open higher on buybacks

Tokyo stocks open higher on buybacksTokyo  - Tokyo investors on Tuesday bought back shares battered in the previous day's selloffs to send stocks up.

The Nikkei 225 Stock Average jumped 125.49 points in morning trading, or 0.97 per cent, to 13,043.

The broader Topix index of all first-section issues was also up 12.39 points, or 0.99 per cent, at 1,258.63.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 101.08-13 yen, up from Monday's 5 pm quote of 100.53-56 yen.

The euro was quoted at 1.5825-28 dollars, up from Monday's 5 pm quote of 1.5783-86 dollars, and at 159.98-160.03 yen, up from 158.70-74 yen. (dpa)

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