Japanese stocks are broadly higher in early trade thanks to a weaker yen. Stocks are also getting a lift amid hopes that Prime Minister Sanae Takaichi could solidify her political standing following local media reports that she is considering a general election next month.
Auto, financial and machinery stocks are leading the gains. Toyota Motor is up 5.0%, Nomura Holdings gains 5.2% and Kawasaki Heavy Industries is 6.0% higher.
USD/JPY is at 158.01, up from 157.38 as of Friday's Tokyo stock market close. Japanese markets were closed on Monday for a national holiday.
Investors are focusing on the yen and Takaichi's policy moves. The Nikkei Stock Average is up 3.2% at 53584.31.
Sumber : Dow Jones Newswires
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