Tokyo stocks rebound on bargain hunting

Tokyo stocks rebound on bargain huntingTokyo  - Stocks ended Tuesday morning trading higher in Tokyo as investors bought back battered shares after the benchmark Nikkei 225 Stock Average hit a three-month low the previous day.

The Nikkei index ended morning trading up 267.93 points, or 3.49 per cent, at 7,950.07, and the broader Topix index of all first section issues also rose 26.59 points, or 3.46 per cent, to 794.87.

On currency markets at 9 am (0000 GMT), the dollar was quoted at 89.25-30 yen, up from Monday's 5 pm quote of 88.61-64 yen.

The euro traded at 1.3188-93 dollars, up from Monday's 5 pm quote of 1.2899-2902 dollars, and at 117.74-79 yen, up from 114.32-36 yen. (dpa)

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