Tokyo stocks finished higher Monday on bargain-hunting, despite Wall Street's weak finish last week. The U.S. dollar was up against the Japanese yen and the euro.
The benchmark Nikkei Stock Average of 225 selected issues gained 67.01 points, or 0.59 percent, to close at 11,387.59 points. The index fell 20.73 points, or 0.18 percent, Friday.
The dollar bought 103.54 yen at 3 p.m. Monday, up 0.35 yen from late Friday in Tokyo and also above the 103.37 yen it bought in New York later that day.
On the stock market, the Nikkei index fell in early trading following Wall Street's losses on Friday but later moved into positive territory as investors bought high technology issues after recent downturn following downgrades in their profit outlooks. Some players were cautious ahead of more announcement of earnings reports later Monday.
Semiconductor testing device maker Advantest Corp. and other high-technology issues Kyocera Corp., Matsushita Electric Industrial Co. and Sony Corp. rose. Automakers Honda Motor Co. and Toyota Motor Corp. were closed higher, as did telecoms KDDI Corp. and NTT Corp.
In New York Friday, U.S. stocks ended lower due to disappointing growth in the U.S. domestic product.
The Dow Jones industrial average fell 40.20, or 0.38 percent, to 10,427.20, and the Nasdaq composite index lost 11.32, or 0.55 percent, to 2,035.83.
In Tokyo, the broader TOPIX, the index of all issues on the Tokyo Stock Exchange's first section, climbed 5.44 points, or 0.48 percent, to finish Monday's trading at 1,146.14 points. The TOPIX slipped 1.24 points, or 0.11 percent, Friday.
In Tokyo's currency trading, the euro fell to $1.3027 Monday afternoon in Tokyo from $1.3028 late Friday. Against the Japanese currency, the euro was higher at 134.91 yen from 134.42 yen.
The yield on Japan's benchmark 10-year government bond rose to 1.3250 percent from Friday's finish of 1.3050 percent. Its price fell 0.18 to 100.65 points.