Tokyo, Japan (BBN)-Japan’s Nikkei 225 opened up 0.8 per cent on Monday helped in part by a lower yen against the dollar.
Shares in troubled Japanese electronics giant Sharp were up 5.5 per cent in early trade on hopes of a bailout deal, reports BBC.
The Nikkei business daily newspaper reported that a deal for the electronics firm may finally be signed this week.
Sharp has been in talks with Taiwan’s Foxconn, formally known as Hon Hai Precision Industry Co.
However, the deal will be smaller than originally planned, reports said.
The Nikkei was up 0.83 per cent to 17,143.16 points by mid-morning.
In China, the Shanghai Composite was up 0.41 per cent to 2,991.83.
Meanwhile, South Korea’s benchmark Kospi index was up 0.4 per cent to 1,991.56.
Markets in Hong Kong and Australia are closed for the Easter holiday.
BBN/SK/AD