Tokyo shares open higher

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Tokyo, Jan 22 (IANS) Tokyo shares skyrocketed by opening the trading on Friday, with its benchmark Nikkei index jumped over 500 points higher briefly, as sentiment was boosted by the rebounding in oil prices and the retreat of the Japanese yen.

At 9.15 a.m. (local time), the 225-issue Nikkei Stock Average surged 497.70 points, or 3.11 percent, from Thursday to 16,514.96, Xinhua news agency reported.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 38.11 points, or 2.93 percent, to 1,339.60.

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