TOKYO, March 10 (Xinhua) -- Japan's key stock index rebounded on Monday as buying interest in semiconductor stocks, which had recently seen notable declines, helped lift the market.

The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, closed at 37,028.27, up 141.10 points, or 0.38 percent from the previous trading day.

After plunging more than 800 points to hit a six-month low last Friday, the Nikkei found support from technical buying.

Investors also reacted positively to Taiwan Semiconductor Manufacturing Company (TSMC)'s latest earnings report, which showed strong revenue growth in February. The news boosted semiconductor-related stocks, including Advantest and Lasertec.

Despite the rebound, the market remained cautious. Japan's long-term interest rates hit their highest level since October 2008, reinforcing expectations of further rate hikes by the Bank of Japan.

The Tokyo Stock Price Index (TOPIX) extended its decline, closing down 7.83 points, or 0.29 percent, at 2,700.76.

On the Tokyo Stock Exchange Prime Market, advancing issues numbered 656, while 928 stocks declined, and 54 remained unchanged. Enditem

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