Tokyo stocks opened 1.32 per cent higher on Tuesday after Greece reached
a long-awaited new bailout deal, while the euro slipped further against
the dollar.
The Nikkei 225 index at the Tokyo Stock Exchange rose 265.56 points, to 20,355.33 in the first few minutes of trade.
The rally came after eurozone leaders struck a deal Monday on a bailout to prevent Greece crashing out of the eurozone while forcing Athens to push through tough reforms within days.
On forex markets, the euro stood at $1.0986 compared with $1.1004 in New York late Monday.
The euro had jumped to nearly $1.12 in the moments after the deal was announced but quickly fell back to the $1.10 level.
The unit eased to 135.74 yen against 135.84 yen in US trade, while the dollar rose to 123.59 yen from 123.45 yen.
European and US stocks powered higher over the new bailout deal, with Frankfurt's DAX 30 climbing 1.49 per cent, London's FTSE 100 index up 0.97 per cent and the Dow Jones Industrial Average surging 1.22 per cent.
Chinese shares were mixed on Tuesday morning ahead of the release of second quarter growth figures later this week, with Shanghai slightly lower after three sessions of gains, dealers said.
The benchmark Shanghai Composite Index edged down 0.30 per cent, or 12.02 points, to 3,958.37.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.67 per cent, or 35.44 points, to 2,155.69.
Hong Kong equities slipped 0.53 per cent in the first few minutes of trade Tuesday after a more than seven per cent rally in the previous three sessions, while traders remain on edge about volatility in mainland markets.
The Hang Seng Index eased 132.99 points to 25,091.02.
The Nikkei 225 index at the Tokyo Stock Exchange rose 265.56 points, to 20,355.33 in the first few minutes of trade.
The rally came after eurozone leaders struck a deal Monday on a bailout to prevent Greece crashing out of the eurozone while forcing Athens to push through tough reforms within days.
On forex markets, the euro stood at $1.0986 compared with $1.1004 in New York late Monday.
The euro had jumped to nearly $1.12 in the moments after the deal was announced but quickly fell back to the $1.10 level.
The unit eased to 135.74 yen against 135.84 yen in US trade, while the dollar rose to 123.59 yen from 123.45 yen.
European and US stocks powered higher over the new bailout deal, with Frankfurt's DAX 30 climbing 1.49 per cent, London's FTSE 100 index up 0.97 per cent and the Dow Jones Industrial Average surging 1.22 per cent.
Chinese shares were mixed on Tuesday morning ahead of the release of second quarter growth figures later this week, with Shanghai slightly lower after three sessions of gains, dealers said.
The benchmark Shanghai Composite Index edged down 0.30 per cent, or 12.02 points, to 3,958.37.
The Shenzhen Composite Index, which tracks stocks on China's second exchange, gained 1.67 per cent, or 35.44 points, to 2,155.69.
Hong Kong equities slipped 0.53 per cent in the first few minutes of trade Tuesday after a more than seven per cent rally in the previous three sessions, while traders remain on edge about volatility in mainland markets.
The Hang Seng Index eased 132.99 points to 25,091.02.
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