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This photo shows the Tokyo Stock Exchange. (Mainichi)
TOKYO (Kyodo) — Tokyo stocks rose Monday morning as a wide range of issues were bought following Wall Street gains late last week.
The 225-issue Nikkei Stock Average rose 422.14 points, or 1.14 percent, from Friday to 37,475.24. The broader Topix index was up 31.77 points, or 1.17 percent, at 2,747.62.
The U.S. dollar was little changed in the upper 148 yen range in Tokyo, with traders largely taking a wait-and-see stance ahead of the Bank of Japan’s monetary policy meeting starting Tuesday, dealers said.
At noon, the dollar fetched 148.64-65 yen compared with 148.60-70 yen in New York and 148.72-75 yen in Tokyo at 5 p.m. Friday.
The euro was quoted at $1.0881-0882 and 161.74-76 yen against $1.0878-0888 and 161.56-66 yen in New York and $1.0838-0839 and 161.20-24 yen in Tokyo late Friday afternoon.
On the stock market, heavyweight technology shares enjoyed strong gains in particular after rises in their counterparts on the U.S. Nasdaq index late last week.
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