Tokyo stocks rose slightly Monday morning, supported by advances on Wall Street late last week, while trading was slow ahead of a national holiday in the United States.
The 225-issue Nikkei Stock Average rose 112.85 points, or 0.29 percent, from Friday to 38,758.96. The broader Topix index was up 8.37 points, or 0.31 percent, at 2,750.91.
The U.S. dollar moved little in the upper 156 yen range amid a lack of fresh incentives, dealers said.
At noon, the dollar fetched 156.72-74 yen compared with 156.91-157.01 yen in New York and 157.04-06 yen in Tokyo at 5 p.m. Friday.
The euro was quoted at $1.0848-0852 and 170.01-09 yen against $1.0841-0851 and 170.18-28 yen in New York and $1.0824-0825 and 169.99-170.03 yen in Tokyo late Friday afternoon.
Stocks moved narrowly amid a lack of fresh trading cues ahead of the Memorial Day in the United States, although the market was supported by a rise in high-tech shares after the Nasdaq index closed at a record high late last week.
A recent climb in Japan's benchmark 10-year government bond yield also pressured stocks after it ended at 1.005 percent on Friday, its highest level in 12 years, raising concerns about higher borrowing costs, analysts said.
