Tokyo shares continued to advance during early afternoon trading on Thursday, with the key Nikkei index surging more than 2 percent.
Kyodo News linked this growth to the persistent strength of exporter stocks, driven by the yen’s decline against the US dollar. The remarks on monetary policy by Bank of Japan Deputy Governor Shinichi Uchida played a role in pushing the 225-issue Nikkei Stock Average to a rise of over 2.1 percent, surpassing 36,900 points.
Around 1:45 pm, the dollar was trading in the mid-148 yen range, slightly up from 148.10 during mid-morning, according to WAM.
