Tokyo stocks rose Friday morning, as technology issues tracked gains on Wall Street and bank issues were bought as Japanese long-term interest rates climbed amid speculation about the Bank of Japan's exit from its negative rate policy.
The 225-issue Nikkei Stock Average rose 336.53 points, or 0.85 percent, from Thursday to 39,935.24. The broader Topix index was up 16.08 points, or 0.59 percent, at 2,734.62.
The U.S. dollar fell to a one-month low in the mid-147 yen range early in Tokyo as the yen was bought on speculation that the BOJ could move away from its powerful monetary easing as soon as this month.
But the dollar later recovered to the 148 yen line on position adjustments ahead of the release of U.S. jobs data later in the day, dealers said.
At noon, the dollar fetched 147.96-97 yen compared with 148.00-10 yen in New York and 147.93-95 yen in Tokyo at 5 p.m. Thursday.
The euro was quoted at $1.0944-0948 and 161.93-162.00 yen against $1.0944-0954 and 161.99-162.09 yen in New York and $1.0893-0894 and 161.15-19 yen in Tokyo late Thursday afternoon.
The benchmark Nikkei rose as high-tech issues were sought following the rise of the U.S. Nasdaq index overnight, while the broader Topix index was lifted by firm banking shares.
