Tokyo shares open higher as markets eye G7 summit

TOKYO, Japan (AFP) — Tokyo shares opened sharply higher Thursday, building on the previous day’s gains driven by rising oil prices, with markets eyeing the start of a G7 leaders’ summit in Japan.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange rallied 1.02 percent, or 170.34 points, to 16,927.69 in opening deals, while the broader Topix index of all first-section shares climbed 0.96 percent, or 12.85 points, to 1,355.73.