Tokyo - Stocks in Tokyo rose Wednesday after oil prices sank and the yen weakened. The benchmark Nikkei 225 Stock Average was up 80.12 points, or 0.63 per cent, to end at 12,689.59.
The broader Topix index of all first-section issues also climbed by 8.18 points, or 0.67 per cent, to 1,220.55.
Lower oil prices reduce the costs of production for Japanese manufacturers, and a weaker yen increases the overseas earnings of Japan's exporters.
On currency markets at midday (0300 GMT), the dollar was quoted at 108.81-86 yen, up from Tuesday's 5 pm quote of 108.30-32 yen.
The euro was quoted at 1.4494-99 dollars, down from Tuesday's 5 pm quote of 1.4500-02 dollars, and at 157.73-78 yen, up from 157.04-08 yen.
