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Tokyo higher in early trade
(CNN) -- Tokyo stocks are higher in early trade Friday, led by automaker Nissan Motor and other blue-chip issues after a mixed performance on Wall Street. The Nikkei 225 average is up 0.32 percent to 11,060.17, while the broader Topix index is 0.5 percent higher to 1096.25. Markets in South Korea, Singapore and Taiwan are also higher, but Australia is down slightly. Investors are taking heart from a solid corporate profit picture in both the United States and Japan. Wall Street had a mixed day Thursday, with the tech-heavy Nasdaq up 0.6 percent but the Dow Jones industrial average down 0.1 percent to 9791.72. (Full story) In Tokyo, Nissan is up 2.16 percent to 1324 yen after Japan's third-largest automaker reported a 15 percent jump in half-year operating profit on Thursday and kept its full-year outlook unchanged, despite the rising yen. (Full story) On the currency front, the dollar is trading at 109.74 yen in Tokyo. Big banks are higher, with MTFG up 3.6 percent to 894,000 yen and SMFG 1.7 percent ahead to 659,000 yen. In Seoul, the Kospi is 0.18 percent higher to 778.38, with gains for major banks. Big exporter Hyundai Motor is up 1.2 percent to 37,450 won. Samsung Electronics is slightly in the red. In Australia, the S&P/ASX200 is off 0.14 percent to 3290.4 after closing at a fresh 16-month high on Thursday. Media giant News Corp is up slightly to A$12.54, while airline Qantas is down 1.2 percent to A$3.54 after unveiling plans to launch a low-cost domestic carrier. (Full story)
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