Japanese stocks open higher

Canon was leading the way. Story Tools

TOKYO, Japan (Reuters) -- Japanese stocks opened higher on Thursday, with auto and technology exporters such as Canon Inc luring buyers after suspected currency intervention by the Bank of Japan (BOJ) sent the dollar higher against the yen.

Just after the open, the Nikkei average was up 0.84 percent or 83.20 points at 9,993.76, while the broader TOPIX index gained 0.67 percent to 987.17, rebounding from the previous session's 1.69 percent slide.

Office equipment giant Canon was untraded due to a glut of buy orders at 4,740 yen, 50 yen above Wednesday's close.

The dollar was fetching about 108.4 yen, having dropped below 107 yen to fresh three-year lows earlier this week.

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