Tokyo stocks rise on Wall Street increases, earnings forecasts
(dpa) - Stocks in Tokyo increased Friday in morning trading after an overnight rise on Wall Street and corporate forecasts for earnings growth this year.
The Nikkei 225 Stock Average increased 272.98 points, or 2.11 per cent, to 13,218.28.
The broader Topix index of all first-section issues was also up 18.99 points, or 1.52 per cent, at 1,267.06.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 101.58-63 yen, up from Thursday's 5 pm quote of 101.03-05 yen.
The euro was quoted at 1.5754-59 dollars, down from Thursday's 5 pm quote of 1.5845-47 dollars, and at 160.15-20 yen, up from 160.09-13 yen.