Nikkei Rises 0.9%, Led by Electronics Stocks

0042 GMT — Japanese stocks are higher, led by gains in electronics stocks, after the Bank of Japan kept its easing policy on Friday and the yen weakens to a seven-week low against the dollar. NEC Corp. is up 13% after FY operating profit climbed 29%. Keyence is 3.6% higher and TDK adds 4.0%. USD/JPY rises to 136.78, its highest level since March 10, from 134.98 as of Friday’s Tokyo stock market close. Investors are focusing on earnings as well as any signs of weakness in the global banking sector. The Nikkei Stock Average is up 0.9% at 29105.69. (kosaku.narioka@wsj.com; @kosakunarioka)