Tokyo stocks end morning trading higher on bargain-hunting
Tokyo - Tokyo stocks ended morning trading higher Monday as investors bought back battered shares in the financial and real estate sectors.
The Nikkei 225 Stock Average gained 231.06 points, or 1.77 per cent, to 13,250.47.
The broader Topix index of all first-section issues was also up 26.37 points, or 2.11 per cent, at 1,273.68.
The Tokyo market opened lower, but investors looking for bargains scooped up shares, prompting a recovery.
On currency markets at 9 am (0000 GMT), the dollar was quoted at 110.30-35 yen, almost unchanged from Friday's 5 pm quote of 110.33-34 yen.
The euro was quoted at 1.4687-92 dollars, down from Friday's 5 pm quote of 1.4733-34 dollars, and at 162.03-08 yen, down from 162.55-59 yen. (dpa)