Tokyo stocks closed better on Monday with buyers choosing to increase stocks and eyeing steady gains in US futures.

The benchmark Nikkei 225 index introduced 0.98 percent, or 262.49 points, to give up at 27,001.52 even as the broader Topix index climbed 0.92 percent, or 17.20 factors, to 1,894.57.

“The decline in long-term US interest rates (on Friday) was a positive factor, which prompted the buying of growth stocks” in Japan, Okasan Online Securities said.

“The Nikkei index temporarily jumped over 300 points and recovered to the 27,000-level,” it said.

The Tokyo market was supported by gains in stocks including Uniqlo operator Fast Retailing, which rose 1.37 percent to 60,450 yen.

Industrial robot maker Fanuc brought 2.09 percent to 20,950 yen, and chip-making gadget producer Tokyo Electron climbed 0.53 percent to 58,700 yen.

Shipping businesses ended better with Mitsui OSK Lines leaping 3.55 percent to a few,495 yen and Nippon Yusen Kaisha developing 2.50 percent to 10,240 yen.

Sony Group lost 0.65 percent to 11,450 yen.

The dollar fetched 127.77 yen, against 127.86 in New York on Friday.