Tokyo - Tokyo stocks rose Wednesday as Japanese machinery orders jumped more than expected, creating confidence in an economic turnaround and improving corporate earnings.

The benchmark Nikkei 225 Stock Average gained 21.56 points in morning trading, or 0.22 per cent, to stand at 9,892.29.

The broader-based Topix index of all first-section issues was also up 3.89 points, or 0.45 per cent, at 876.33 after the Cabinet Office reported a 10.5-per-cent climb from August to September in machinery orders, which are considered an indicator of business investment in three to six months.

On currency markets at 9 am (0000 GMT), the dollar traded at 89.68-72 yen, down from Tuesday's 5 pm quote of 89.86-87 yen.

The euro traded at 1.4992-95 dollars, up from 1.4970-71 dollars late Tuesday, and at 134.46-49 yen, down from 134.52-56 yen. (dpa)