2013.05.0700:41:03UTC+00Japan stocks boost in catch-up rally; Toyota skyrockets

Japanese shares boosted early as markets reopened after a four-day weekend on Tuesday, playing catch-up with the Federal Reserve and European Central Bank financial-policy decisions, strong U.S. jobs data and a weaker yen level. The Nikkei Stock Average skyrocketed 2.8% to 14,078.48, advancing over the 14,000-point level for the first time since June 2008, while the broader Topix acquired a 2.7% increase to 1,184.01. Shares of Toyota Motor Corp. shot up 4.4% on assumptions for strong profits, while Nissan Motor Co. climbed 4.6%, Sony Corp. surged 3.8% and Nintendo Co. bolstered 2.9% among exporters, which led the charge.