• search

Tokyo stocks open higher, real estate firms gain

By Staff
Subscribe to Oneindia News

TOKYO, Mar 24: The Nikkei average rose as real estate stocks such as Mitsubishi Estate Co. Ltd. gained ground after a government land price survey underlined views that Japan's economic recovery is steadily progressing.

Nikko Cordial Corp. fell after a newspaper report that Japan's third-biggest brokerage is seeking a controlling stake in Tokyo Star Bank Ltd. Trading in Tokyo Star has been suspended.

Nikko denied the report.

The Nikkei was up 0.21 percent or 34.98 points at 16,524.35 as of 0004 GMT. The broader TOPIX index was up 0.16 percent at 1,682.77.

Reuters

For Breaking News from Oneindia
Get instant news updates throughout the day.

X
We use cookies to ensure that we give you the best experience on our website. This includes cookies from third party social media websites and ad networks. Such third party cookies may track your use on Oneindia sites for better rendering. Our partners use cookies to ensure we show you advertising that is relevant to you. If you continue without changing your settings, we'll assume that you are happy to receive all cookies on Oneindia website. However, you can change your cookie settings at any time. Learn more