Tokyo stocks open higher on cheaper yen

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AFP, Tokyo :
Tokyo stocks opened higher on Tuesday helped by a cheaper yen and expectations for progress in US-China trade talks.
The benchmark Nikkei 225 index rose 0.63 percent, or 127.29 points, to 20,460.46 in early trade, while the broader Topix index was up 0.50 percent, or 7.65 points, at 1,547.05.
“Japanese stocks are seen rising at the start due to a cheaper yen against the dollar and after a sharp drop late last week,” Toshiyuki Kanayama, senior market strategist at Monex, said in a note.
The rally came after Tokyo shares closed down more than two percent on Friday.
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