After Thursday's steep slide, Tokyo stocks stage a rebound

TOKYO (AFP) - Tokyo stocks surged on Friday morning, staging a rebound from the previous day's plunge, the worst one-day drop for the benchmark Nikkei index since Japan's March 2011 quake-tsunami disaster.

The Nikkei, which on Thursday tumbled 7.3 per cent, was 2.65 per cent, or 383.92 points, higher at 14,867.90 by the break after jumping more than three per cent in the first few minutes of trading.

The broader Topix index of all first-section shares was up 2.52 per cent, or 29.90 points, at 1,218.24.