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Tokyo stocks close up 0.25%

Published on May 9, 2014 3:52 PM
 

TOKYO (AFP) - Tokyo stocks rose 0.25 per cent Friday as bargain-hunting offset early selling triggered by a strong yen.

The Nikkei 225 index gained 35.81 points to 14,199.59, while the Topix index of all first-section shares climbed 0.47 per cent, or 5.50 points, to 1,165.51.

Tokyo stocks had opened lower as the yen gained ground against the dollar in early trading.

A strong yen is negative for Japanese exporters, making them less competitive overseas and eroding repatriated profits.

 
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