(Updates with closing prices)

By Junko Fujita

TOKYO, Nov 10 (Reuters) - Japan's Nikkei share average

rose more than 1% on Monday, tracking gains in U.S. stock

futures on hopes that the historic U.S. government shutdown may

end soon.

The Nikkei climbed 1.26% to close at 50,911.76. The

broader Topix rose 0.56% to 3,317.42.

"Market players bought stocks as they priced in gains for

Wall Street shares later in the day, with hopes that the U.S.

government shutdown will be over soon," said Kazuaki Shimada,

chief strategist at IwaiCosmo Securities.

S&P and Nasdaq futures were last up 0.75% and

1.28%, respectively.

The U.S. Senate on Sunday moved forward on a measure aimed

at reopening the federal government and ending a now 40-day

shutdown that has sidelined federal workers, delayed food aid

and snarled air travel.

In Japan, chip-testing equipment maker Advantest ( ADTTF )

rose 3.81%, chip-making equipment maker Tokyo Electron ( TOELF )

was up 4.27% and technology investor SoftBank Group

gained 2.56%.

"These three stocks lifted the Nikkei on Monday, but their

momentum was not as strong as last month. However, smaller

chip-related shares surged, showing investors' strong appetite

for technology stocks," said Shimada.

Chip-maker Kioxia Holdings ( KXHCF ) jumped 10.63%.

Semiconductor equipment maker Towa ( TOWCF ) surged 23.82% to a

daily limit high.

Flea market app operator Mercari ( MRCIF ) jumped 18.17%

after posting a 70% gain in net profit for the quarter ended

September 30.

Honda Motor ( HMC ) fell 4.67% after Japan's second-largest

automaker slashed its full-year profit forecast by 21% on

Friday. Peer Toyota Motor ( TM ) reversed losses to end 0.42%

higher.

Of the more than 1,600 stocks trading on the Tokyo Stock

Exchange's prime market, 76% rose, 21% fell and 2% traded flat.