Tokyo stocks close higher as softer yen lifts exporters

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US stocks are set for a solid opening with Dow futures and the broader S&P 500 futures headed for gains of 0.2 percent.

The 225-issue Nikkei average rose 354.83 points, or 1.65 percent, to end at 21,824.03, after gaining 101.13 points on Friday.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, added 26.35 points, or 1.54 percent, at 1,741.83.

Electric power and gas, precision instrument and electric appliance-linked issues comprised those that gained the most by the close of play.

Shanghai's Index gained 0.6 percent, the Shenzhen Component gained 1.17 percent, Bombay's BSE Index gained 1.83 percent and Taiwan's TSEC Index gained 1.26 percent. Shares of Bluescope Steel rose 3.46 percent.

Seoul's Kospi Index gained 1.0 percent Monday, following a strong week, gaining 4.6 percent. Hong Kong's Hang Seng jumped 1.9 percent to 31,585.00 and Sydney's S&P-ASX 200 gained 0.6 percent to 5,996.10.

Meanwhile, South Korea's Posco and Hyundai Steel rose 2.32 percent and 2.35 percent, respectively. The Topix Iron and Steel index was up 2.03 percent, with Nippon Steel and Sumitomo Metal - the country's largest steelmaker - closing higher by 2.84 percent. Gains were led by the materials and energy sub-indexes, which rose 1.74 percent and 1.39 percent respectively, while gold producers slid 1.5 percent.

Three-Pointers and Westbrook Triple Double Lead Thunder Over Kings
But they are just one loss ahead of the Denver Nuggets and San Antonio Spurs who now sit outside the post-season cutoff at 37-30. Paul George and Carmelo Anthony each scored 21 points on the night, while newly-acquired Corey Brewer added 16 points.

Elsewhere, shares of Prada listed in Hong Kong bounced 14.2 percent by 3:28 p.m. HK/SIN after the luxury retailer said it expected to return to growth this year. New York-listed Chinese fintech company Qudian is due to announce results during US hours.

Data released on Friday showed that the USA economy added 313,000 jobs last month, above a forecast of 200,000 in a Reuters poll. "The release threaded the stock needle perfectly, exhibiting strong overall net job adds alongside an increase in the participation rate and tepid wages suggesting labour demand is being met by new entrants into the workforce", said analysts at JPMorgan in a note. The pullback in wages tempered speculation the Federal Reserve would project four rate hikes - or dot plots - at its policy meeting next week, instead of the current three. Those cross currents left the United States dollar a shade lower against a basket of currencies at 89.973.

CURRENCY: The euro was flat at $1.2304 while the dollar fell 0.3 percent to 106.52 yen. The Japanese currency also came under pressure after comments from Bank of Japan Governor Haruhiko Kuroda on Friday were seen as dovish by markets.

The Australian dollar last traded at $0.7870. "The rise of trade hawks in the White House casts a dark shadow over trade in Asia", said Mizuho Bank in a report.

On the commodities front, oil prices extended gains after bouncing in the last session from recent declines.

Brent crude futures rose 16 cents to $65.65 a barrel, after surging nearly 3 percent on Friday.

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