Stocks rise more than 2 per cent on weaker yen, US market rises

Stocks rise more than 2 per cent on weaker yen, US market risesTokyo - Stocks rose more than 2 per cent Thursday in Tokyo on mainly export-oriented issues as the US dollar advanced against the yen and stocks rose overnight on Wall Street.

The Nikkei 225 Stock Average surged 383.28 points, or 2.8 per cent, to 14,092.72.

The broader Topix index of all first-section issues was also up 28.68 points, or 2.13 per cent, at 1,377.37.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 104.61-66 yen, up from Wednesday's 5 pm quote of 103.95-97 yen.

The euro was quoted at 1.5655-60 dollars, down from Wednesday's 5 pm quote of 1.5750-52 dollars, and at 163.83-86 yen, up from 163.73-77 yen. (dpa)

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