TOKYO: Tokyo stocks opened higher on Monday with a weaker yen lifting carmakers and other exporters as risk fears over last week's US attack on Syria waned.Geopolitical tensions spiked after US President Donald Trump ordered a cruise missile strike on a Syrian air base in retaliation for a deadly chemical weapons attack in the country blamed on the regime of President Bashar al-Assad. But the greenback rebounded to trade at 111.42 yen on Monday, up from 111.07 yen in New York Friday afternoon and 110.12 yen in Tokyo earlier. "And the yen has resumed weakening, allowing exporters to be bought." Toyota rose 1.13 to 5,898 yen while Nissan gained 1.08 to 1,021.5 yen. Panasonic was up 0.47 per cent to 1,261 yen and Canon rose 0.31 per cent to 3,476 yen.

Source: Economic Times April 10, 2017 03:56 UTC