Stocks in Tokyo rose Tuesday after the yen fell against the dollar and euro and after overnight increases on Wall Street, according to DPA. The Nikkei 225 Stock Average rose 295.59 points, or 1.94 per cent, to close at 15,552.59. The broader Topix index of all first-section issues was also up 26.83 points, or 1.83 per cent, at 1,496.03. Financial shares, such as Mitsubishi UFJ Financial Group Inc and Mizuho Financial Group Inc, led the gains, helped by lower interbank borrowing costs, which indicated to investors that a global credit crunch is slackening. Trading followed a three-day weekend after Monday's national holiday. On currency markets at midday (0300 GMT), the dollar was quoted at 114.02-07, up from Friday's 5 pm quote of 113.13-16 yen. The euro was quoted at 1.4390-95 dollars, down from Friday's 5 pm quote of 1.4394-97 dollars.
