TOKYO, April 30 (Xinhua) -- Tokyo stocks closed higher on Tuesday, with the Nikkei index briefly gaining over 600 points, on the back of the yen's weakness.

Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 470.90 points, or 1.24 percent, from Friday at 38,405.66.

The broader Topix index, meanwhile, finished 56.69 points, or 2.11 percent, higher at 2,743.17.

Financial markets in Tokyo were closed Monday for a national holiday.

On Monday, the yen dropped to a new low in the 160 level against the U.S. dollar in Asian trading for the first time since April 1990, but the U.S. currency quickly fell back, dropping to as low as the 154 yen level amid speculation that Japanese authorities may have intervened to halt the yen's decline.

Market watchers here noted that the yen's ongoing depreciation after the suspected intervention the previous day pushed up export-oriented issues, such as automakers. Enditem

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