Tokyo stocks reverse losses in morning as yen's retreat lifts exporters

Tokyo stocks reversed early losses Monday morning as the yen's retreat versus a basket of currencies prompted buying, particularly of export-linked stocks whose companies' profit outlooks are enhanced by a weaker yen

The 225-issue Nikkei Stock Average added 92.94 points, or 0.58 percent, from Friday to end the morning at 16,060.11.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 3.11 points, or 0.24 percent, to 1,294.93.

Notable gainers by the morning break comprised air transportation, fishery, agriculture and forestry, and foods-linked issues. Endit