Nikkei rises above 9,000 points on Wall Street rally

Nikkei rises above 9,000 points on Wall Street rallyTokyo  - Japan's key Nikkei 225 Stock Average Monday crossed the 9,000-point threshold, ending morning trading up more than 5 per cent thanks to a strong rally on the US market before the weekend.

The Nikkei index surged 470.9 points, or 5.49 per cent, to 9,053.9.

The broader Topix index of all first-section issues was also up 36.52 points, or 4.15 per cent, to 915.52.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 98.97-99.02 yen, up from Friday's 5 pm quote of 97.58-60 yen.

The euro was quoted at 1.2818-23 dollars, up from Friday's 5 pm quote of 1.2776-78 dollars, and at 126.90-127.00 yen, up from 124.67-71 yen. (dpa)

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