The exchange rates in Tokyo are up against the weakening yen


TOKYO, 6 November /Corr. Vasily Golovnin/. The increase in prices began on Friday trading on the largest in Asia, the Tokyo stock exchange amid continued relatively low value of the yen. For the first 15 minutes of operations (03:15 GMT) by 0.66% to a level of 19242,76 point up key for Japan index Nikkei, reflecting stock quotes 225 leading companies in the country. The broader index TOPIX, fixing rates of shares of all companies in the luxury of the first section of the exchange, has added 0,48% and has reached a mark 1562,58 item.

“Investors are banking on the fact that in the U.S. in December, will be finally raised the credit rate, said Maki Sawada analyst from Nomura Securities. – It pushes up the dollar and weaken the yen, which benefits a wide range of players on the Tokyo market.” A positive mood and create a good results of trading in Shanghai, according to the expert of Toyo Securities Hiroaki Hiwada.

At the beginning of operations at the Tokyo market was a noticeable rise in shares of automakers, which are particularly high exchange rate of the dollar.

As of 09:00 (03:00 GMT) the dollar was in the area 121,7 yen. This is approximately 0.1 yen less than in the second half of the day on Friday.