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 TOKYO (AP) - Japanese stocks rose Monday, resuming their climb after markets were closed for a three-day national holiday, but traders said further gains might be hard to come by as the dollar fell into the 111-yen range.
The benchmark Nikkei 225 index rose 132.39 points, or 0.77 percent, to finish the morning session at 17,286.16 points on the Tokyo Stock Exchange. The index jumped 1.35 percent last Tuesday before the three-day Golden Week holiday.
Tokyo stocks carried through on that momentum Monday, but traders said gains were slowing as the session wore on with investors worried about the yen's gain against the dollar. A stronger yen hurts Japanese exporters by making their products overseas more expensive, and therefore less competitive overseas.
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