Tokyo stocks advance in early deals as soft yen lifts exporters

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Tokyo, May 16 (IANS) Tokyo stocks rose in early deals on Monday morning as a slightly softer yen against the US dollar set a reasonably bright tone for the market and gave exporter issues a boost.

As of 9:15 a.m., the 225-issue Nikkei Stock Average gained 63.30 points, or 0.39 percent, from Friday to 16,475.51.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 2.21 points, or 0.17 percent, to 1,322.40.

Early notable advancers comprised nonferrous metal, construction as well as glass and ceramic product-linked shares.

–IANS

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