Tokyo - Tokyo stocks ended modestly higher Monday as investors bought back battered shares, but gains were capped due to anxiety over the slowdown of Japan's economic growth.

The Nikkei 225 Stock Average inched up 60.19 points, or 0.71 per cent, to close at 8,522.58.

The broader Topix index of all first-section issues was also up 3.58 points, or 0.42 per cent, to 850.49.

The government announced Monday that the nation's economy shrank at an annualized rate of 0.4 per cent in real terms in the July-September period.

The gross domestic product (GDP) fell 0.1 per cent during the three months from the previous quarter, reported the Cabinet Office.

On currency markets at midday (0300 GMT), the dollar was quoted at 96.90-95 yen, up from Friday's 5 pm quote of 96.87-90 yen.

The euro was quoted at 1.2548-53 dollars, down from Friday's 5 pm quote of 1.2706-09 dollars, and at 121.61-66 yen, down from 123.11-15 yen. (dpa)