Tokyo - Tokyo stocks rose again on Friday, buoyed by another surge on Wall Street on the New York markets.

The benchmark Nikkei 225 Stock Average gained 316.93 points or 4.4 per cent by 9:46 am, at 7,515.18.

The broader Topix index of all first section issues was also up by 17.61 points or 2.51 per cent, at 718.54.

Wall Street continued its three-day rally with the three major indices up about 4 per cent on Thursday led by General Electric and Bank of America shares.

The dollar traded higher at 97.30-35 yen after 96.33-34 yen on Thursday. The euro gained to 1.2894-99 dollars after 1.2755-56 dollars on Thursday. (dpa)