Tokyo shares rally on effects of additional monetary easing

Tokyo shares ended dramatically higher Tuesday with its benchmark Nikkei index up over 2 percent, as the yen retreated due to the Bank of Japan's Friday decision on further monetary easing.
The 225-issue Nikkei Stock Average surged 448.71 points, or 2. 73 percent, from Friday at 16,862.47, briefly rising to 17,127.66, its highest level since Oct. 18, 2007 on an intraday basis.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange was up 35.01 points, or 2.63 percent, at 1, 368.65.
Gainers were led by brokerage, consumer finance and marine transport issues.
The turnover was about 5,430.4 billion yen (about 47.84 billion U.S. dollars).
The Japanese stocks market was closed Monday for a national holiday.