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Tokyo stocks boosted on softer yen

Business Materials 30 May 2008 08:15 (UTC +04:00)

Stocks were boosted Friday in Tokyo on a softer yen and US market gains, dpa reported.

The Nikkei 225 Stock Average rose 115.88 points, or 0.82 per cent, to 14,240.35. It surged 3 per cent the previous day.

The broader Topix index of all first-section issues was also up 15.44 points, or 1.12 per cent, at 1,396.07.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 105.55-58 yen, up from Thursday's 5 pm quote of 104.98-105.01 yen.

The euro was quoted at 1,5514-19 dollars, down from Thursday's 5 pm quote of 1.5587-91 dollars, and at 163.84-89 yen, up from 163.68-72 yen.

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