Tokyo shares close higher by break on halt of yen's rise

Tokyo shares closed the morning session higher on Monday as the yen stopped rising against the U.S. dollar amid rising speculation that the U.S. Federal Reserve (Fed) might raise interest rates by year-end following upbeat assessment of the U.S. economy by Fed official.

The 225-issue Nikkei Stock Average added 38.93 points, or 0.24 percent, from Friday to 16,584.75.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 5.13 points, or 0.40 percent, to 1,300.80.

Gainers were led by land transportation, miscellaneous product and construction issues. Endit