Japanese stocks rose as comments from the Federal Reserve and strong jobs data from the U.S. fueled investor optimism on risk assets.
Topix rose 2.8% to 1,512.87 as of close of morning session in Tokyo and Nikkei 225 added 2.8% at 20,113.37. Meanwhile, Yen gained 0.2% to 108.33 per dollar after falling 0.8% on Friday.
Electronics makers and auto-related stocks provided the biggest lifts to the Topix index as all industry sub-groups advanced. Keyence surged 5.9%, Sony advanced 3.8%, Fanuc jumped 4.7%.
Autos: Toyota +3.3%, Honda +3.4%, Suzuki +6.7%.
Chemicals: Shin-Etsu Chemical +4.6%, Asahi Kasei +4.7%, Kao +1.6%.