benchmark nikkei: On Friday, the key market gauge fell 121.70 points. ; The Topix of all first-section issues ended up 18.72 points, or 1.17 percent, at 1,612.26, after shedding 4.70 points the previous trading day, according to The Japan Times. Tokyo stocks attracted hefty buybacks as there were no major provocative acts by North Korea over the weekend, including a ballistic missile launch on Saturday, the anniversary of the reclusive state's founding, brokers said. The benchmark Nikkei 225 average jumped 270.95 points, or 1.41 percent, to close at 19,545.77. Investors also took heart from the yen's weakening against the dollar against the backdrop of receding worries about the situation surrounding North Korea, brokers said. Ota noted a risk-averse mood did not spread in the market. Monday's surge stemmed from short covering by investors who had sold stocks due to concerns over possible provocations by North Korea on the national foundation day, said Chihiro Ota, general manager for investment research and investor services at SMBC Nikko Securities Inc.
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