Dollar changes hands in upper 104 yen zone …

Dollar changes hands in upper 104 yen zone in early Tokyo trading

Tokyo, July 13 (IANS) The US dollar changed hands in the upper 104 yen zone early Wednesday in Tokyo.

At 9 a.m., the dollar was quoted at 104.73-75 yen compared with 104.62-72 yen in New York and 103.00-02 yen in Tokyo at 5 p.m. on Tuesday.

The euro fetched $1.1059-1060 and $115.83-84 yen against $1.1055-1065 and 115.82-92 yen in New York and $1.1109-1111 and 114.42-46 yen in Tokyo late on Tuesday afternoon.

Tokyo shares open higher on strong US stocks, weak yen

Tokyo, July 13 (IANS) Tokyo shares opened higher on Wednesday, with the Nikkei index up over 2 per cent for a moment, on strong US stocks overnight and a weaker yen.

As of 9:15 a.m., the 225-issue Nikkei Stock Average rose 261.16 points, or 1.62 per cent, from Tuesday to 16,356.81.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 22.02 points, or 1.71 per cent, to 1,307.75.

Every industry category on the main section except miscellaneous product and food issues gained ground. Notable gainers included insurance, mining and security issues.

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