Tokyo stocks open higher after Fed's rate cut

Source: Xinhua| 2019-09-19 08:57:52|Editor: Wu Qin
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TOKYO, Sept. 19 (Xinhua) -- Tokyo stocks opened higher Thursday after the U.S. Federal Reserve lowered its interest rate again but signaled a mixed outlook for the rest of the year in terms of an additional cut, but the market was also underpinned here by a comparatively weak yen.

As markets opened here, the 225-issue Nikkei Stock Average gained 177.82 points, or 0.81 percent, from Wednesday to 22,138.53.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 12.00 points, or 0.75 percent, at 1,618.62.

Insurance, electric power and gas, and textile and apparel-linked issues comprised those that advanced the most in the opening minutes after the morning bell.

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