Tokyo stocks swung into positive territory on Tuesday after eurozone talks produced a bailout deal for Athens, easing fears over a Greek bankruptcy that would have sent shockwaves across the globe.
The benchmark Nikkei 225 index, which opened down 0.19 per cent, was 0.38 per cent higher, or 35.97 points, at 9,424.91 by the morning break.
The broader Topix index of all first-section shares gained 0.26 per cent, or 2.06 points, at 781.56.
\"The worst-case scenario (of talks breaking up) was avoided,\" Fumiyuki Nakanishi, general manager of investment & research at SMBC Friend Securities, told reporter.
The benchmark Nikkei 225 index, which opened down 0.19 per cent, was 0.38 per cent higher, or 35.97 points, at 9,424.91 by the morning break.
The broader Topix index of all first-section shares gained 0.26 per cent, or 2.06 points, at 781.56.
\"The worst-case scenario (of talks breaking up) was avoided,\" Fumiyuki Nakanishi, general manager of investment & research at SMBC Friend Securities, told reporter.