Tokyo stocks surge sharply on weaker yen, U.S. market rebound

Tokyo stocks ended with a sharp surge Monday as market sentiment was boosted by a further depreciated yen and a strong rebound on Wall Street on Friday following better- than-expected U.S. jobs data for November.

The 225-issue Nikkei Stock Average jumped 350.35 points, or 2. 29 percent, from Friday to close at 15,650.21.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 19.49 points, or 1.58 percent, higher at 1,255.32.

Gainers were led by the paper and pulp, mining, and rubber industries sectors, while the utility industry was the only decliner.

The turnover was about 1,975.9 billion yen (about 19.19 billion U.S. dollars).