Tokyo stocks jump 3.01% in morning trade

TOKYO: Tokyo stocks rose 3.01 percent Monday morning on the back of a weaker yen and better-than-expected US jobs data that fuelled hopes the Federal Reserve will hold off cutting back on stimulus.

The benchmark Nikkei 225 index, which lost 6.51 percent last week, was up 3.01 percent, or 387.69 points, to 13,265.22 by the break. The Topix index of all first-section shares jumped 3.78 percent, or 39.91 points, to 1,096.86.