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Tokyo stocks start new year trading

(Agencies)
Updated: 2009-01-05 10:32

Women dressed in ceremonial kimonos clap at the Tokyo Stock Exchange's (TSE) New Year opening ceremony in Tokyo January 5, 2009. Japan's Nikkei average rose 1.5 percent on Monday, the first trading day of 2009, after Wall Street rallied on Friday to its highest levels since early November on hopes 2009 will be a better year. [Agencies]

TOKYO -- Japanese share prices moved higher Monday, with the benchmark Nikkei-225 index rising above the psychologically-important 9,000 level for the first time since November 11 in early trading.

About 10 minutes after the opening bell, the Nikkei index was trading at 9,051, up 191.50 points or 2.16 percent.

The broader Topix index of all first-section shares gained 21.13 points or 2.46 percent to 880.37.

It was the stock market's first session since the New Year holidays.

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