Tokyo stocks open higher, tracking global gains

A pedestrian looks at an electric quotation board displaying the current exchange rate of the Japanese yen against the euro in Tokyo on December 5, 2016.
Tokyo stocks opened lower on December 5 after Italian Prime Minister Matteo Renzi’s resignation following a crushing referendum defeat sparked worries about political instability in the key eurozone country. / AFP PHOTO / KAZUHIRO NOGI

TOKYO, Japan ( AFP ) — Tokyo stocks opened higher on Wednesday following another record close on Wall Street after Paris stocks reached the year’s highest level and Italian banks surged.

Tokyo’s benchmark Nikkei 225 index rose 0.40 percent, or 73.45 points, at 18,433.99 in the first few minutes of the trade, while the broader Topix index of all first-section issues was up 0.45 percent, or 6.63 points, at 1,483.83.

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