Nikkei rises 1.3 pct on U.S. optimism, exporters outperform

* Weak yen lifts exporters

* Janet Yellen comments this week in focus - analyst

* Citizen Holdings jumps to 5-year high on strong forecasts

By Ayai Tomisawa

TOKYO, Nov 11 (Reuters) - Japan's Nikkei share average

jumped 1.3 percent on Monday morning, rebounding from the

previous session's selloff after an unexpectedly strong U.S.

jobs report put to bed any lingering concerns about the pace of

economic recovery.

U.S. employers took on 204,000 new employees last month,

almost double the expected 125,000 and defying expectations that

the partial U.S. government shutdown would hamper job growth.

The strong data also raised the prospect the Federal Reserve

may soon decide to start winding down its $85 billion-a-month

bond-buying programme, though Fed Chairman Ben Bernanke

suggested the U.S. central bank was in no hurry to taper.

The Nikkei gained 182.79 points to 14,269.59 in

mid-morning trade, with initial resistance seen around its

25-day moving average of 14,306.51. It fell 1.0 percent on

Friday.

Exporters led the way after the yen weakened, with Honda

Motor Co up 1.8 percent, chip-related shares Tokyo

Electron Ltd adding 2.1 percent and Advantest Corp

soaring 3.0 percent.

The dollar jumped around 1 percent against the yen on Friday

and last stood at 99.17 after the upbeat U.S. jobs data

bolstered the case for the Fed to scale back stimulus as early

as next month.

The Topix rose 0.7 percent to 1,184.80.

"Investors were relieved to see that the U.S. economic

recovery is on track," said Tsuyoshi Nomaguchi, managing

director at investment strategy at Daiwa Securities. "For this

week, the market moves are likely to depend on comments from Fed

officials including Janet Yellen."

This week brings several speeches by Fed officials, but key

will be a hearing Thursday before the U.S. Senate Banking

Committee on the nomination of Fed Vice Chair Yellen to replace

Bernanke.

Elsewhere, Citizen Holdings Co jumped 9.8 percent

to a 5-year high and was the third biggest percentage gainer

after the watchmaker raised its forecasts. It now expects an

operating profit for the year ending March of 21 billion yen,

from the previously forecast 19.5 billion yen.

Among the notable losers, Olympus Corp stumbled 6.3

percent to a one-month low after it said it expects an operating

loss of 5 billion yen in the digital camera business for the

year through March, compared to a previously forecast break-even

guidance.