TOKYO, Feb. 25 (Xinhua) -- Tokyo stocks closed higher Monday as Wall Street's rise late last week set a positive tone for investors, with hopes for the outlook of the global economy buoying the broader market.
The 225-issue Nikkei Stock Average gained 102.72 points, or 0.48 percent, from Friday to close the day at 21,528.23.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 11.35 points, or 0.71 percent, to finish at 1,620.87.
On the back of U.S. shares trading higher late last week, local traders said investor sentiment was bright from the get-go, with concerns about the outlook for the global economy abating overnight also bolstering the market mood.
They added that the Nikkei ending at a two-and-a-half month high, in light of some profit-taking in later trade, was helped by the U.S. dollar trading in the upper 110 yen range, which gave exporters a boost.
Both Honda Motors and Panasonic ended the day close to 1 percent higher and nonferrous metal issues also gained on an improved global outlook, market strategists here highlighted.
By the close of play, pulp and paper, electric appliance and securities house-linked issues comprised those that gained the most, and rising issues beat falling ones by 1,585 to 467, while 78 ended the day unchanged.
On the main section on Monday, 1,057.31 million shares changed hands, rising from Friday's volume of 988.67 million shares.
The turnover on the first trading day of the week came to 1,987.0 billion yen (17.95 billion U.S. dollars).
