TOKYO, 21st May, 2024 (WAM) -- Tokyo stocks rose slightly Tuesday morning, as technology stocks tracked gains in their US counterparts and some major insurance firms were bought after releasing favourable earnings results.
According to Kyodo News, the 225-issue Nikkei Stock Average gained 66.23 points, or 0.17 percent, from Monday to 39,135.91.
The broader Topix index was up 4.53 points, or 0.16 percent, at 2,772.57.
The yield on Japan's benchmark 10-year government bond briefly climbed 0.005 percentage point from Monday's close to 0.980 percent to hit a fresh 11-year high, tracking an overnight rise in long-term US Treasury yields.
Stocks were supported by buying of heavyweight technology issues after the US Nasdaq index closed at a new high overnight.