Tokyo stocks rose Monday morning with gains supported by technology issues that tracked positive moves by their U.S. counterparts late last week, while buying of some Japanese companies with favorable earnings results also pushed markets higher.

The 225-issue Nikkei Stock Average rose 182.30 points, or 0.56 percent, from Friday to 32,750.41. The broader Topix index was up 6.00 points, or 0.26 percent, at 2,342.72.

On the top-tier Prime Market, gainers were led by warehousing and harbor transportation service, rubber product and insurance issues.

The U.S. dollar rose slightly to the upper 151 yen range in Tokyo amid expectations that the U.S. Federal Reserve will keep interest rates higher for an extended period.

At noon, the dollar fetched 151.67-69 yen compared with 151.48-58 yen in New York and 151.38-39 yen in Tokyo at 5 p.m. Friday.

The euro was quoted at $1.0681-0685 and 162.00-08 yen against $1.0682-0692 and 161.83-93 yen in New York and $1.0662-0664 and 161.41-45 yen in Tokyo late Friday afternoon.

Tokyo stocks were lifted by electronics issues after the technology-heavy Nasdaq index and a key U.S. semiconductor index climbed Friday, with Nikkei heavyweight Tokyo Electron drawing buying after revising upward its earnings forecast for the full year.

While the market was also supported by gains of some companies that released upbeat earnings, the overall rise was limited as investors sold shares of firms with disappointing earnings, analysts said.

"Positive and disappointing earnings led to clear buying and selling divisions," said Kazuo Kamitani, a strategist in the Investment Content Department of Nomura Securities Co.

Semiconductor manufacturing equipment maker Tokyo Electron climbed 575 yen, or 2.6 percent, to 22,765 yen, while chip-testing device maker Advantest was up 123 yen, or 2.9 percent, to 4,364 yen.

Major beverage maker Asahi Group Holdings advanced 201 yen, or 3.5 percent, to 5,869 yen after reporting sales and profit growth in the January-September period due partly to the effect of price hikes and recovering demand for alcoholic beverages.

Among decliners, cosmetics firm Shiseido tumbled 694 yen, or 14.2 percent, to 4,191 yen, after downgrading its earnings projection for the business year through December, citing slumping sales in China affected by Japan's release of treated radioactive water from the crippled Fukushima nuclear plant into the sea.

==Kyodo

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