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Tokyo shares open higher

Fujitsu rebounding

Fujitsu stock is up after falling 7.29 percent on Monday.
Fujitsu stock is up after falling 7.29 percent on Monday.

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TOKYO, Japan (Reuters) -- Tokyo stocks opened higher on Tuesday as investors shrugged off a rise in the yen after a rally in U.S. blue chips to 2003 highs.

The strong start came despite government data released before the start of trade that showed Japan's economy grew by a revised real 0.3 percent in the July-September quarter, down from an initial estimate of 0.6 percent growth.

As of 0006 GMT, the Nikkei average was up 0.73 percent at 10,118.88 after falling 3.16 percent to 10,045.34 on Monday, its lowest close in two weeks and the biggest percentage fall since November 17.

The broader TOPIX index firmed 0.49 percent to 1000.19 in early Tuesday trade.

Chip and computer conglomerate Fujitsu was up 1.03 percent at 591 yen, bouncing back from a 7.29 percent fall on Monday.



Copyright 2003 Reuters. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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