Tokyo - Tokyo's marketd climbed again in early trading Friday after a surge on New York's Wall Street late Thursday, with the Nikkei index of 225 leading companies gaining 265.33 points or 3.14 per cent to 8,723.78 at 9:19 am.

The Nikkei on Thursday plunged 11.41 per cent to 8,458.45 after New York markets plunged from 7 to 9 per cent on Wednesday.

Wall Street recovered some of its losses on Thursday, with the Dow Jones Industrial Average up 4.68 per cent, the Standard & Poor's 500 Index up 4.25 per cent and the Nasdaq Composite Index up 5.49 per cent.

On the Japanese currency markets in early trading, the dollar rose to 101.39-44 yen after 100.40-41 yen on Thursday. The euro traded at 1.3488-93 dollars after 1.3414-15 dollars on Thursday. (dpa)