TOKYO, Aug 30 (Reuters) Japanese stocks are set to climb on Thursday, tracking a Wall Street reboun

TOKYO, Aug 30 (Reuters) Japanese stocks are set to climb on Thursday, tracking a Wall Street rebound led by high-tech shares that gave the Nasdaq its best day in more than a year, with exporters such as Sony Corp expected to benefit from a spillover effect and a weaker yen.

Another gainer may be Isuzu Motors Ltd T), which said in a statement with General Motors Corp on Wednesday that they would work more closely in South America, possibly via a joint venture, to boost truck sales in the region.

''The situation is completely the opposite of yesterday, with the market likely to rise and then consolidate at a high level, with special attention on exporters and the energy sector,'' said Yutaka Miura, a senior technical analyst at Shinko Securities.

''While today will see a break from rises in the yen, the market remains wary about currency moves, and will be watching activity in the currency market closely.'' The dollar was moving at around 115.90 yen in early Asian trade after the yen suffered its biggest one-day percentage decline against the dollar in more than two years during U.S.

trade, touching 116.12 yen.

Wall Street also took heart from a letter from Federal Reserve Chairman Ben Bernanke in which he said the Fed was ''prepared to act as needed'' to ensure credit market problems do not adversely affect the economy, stoking investor speculation about a much hoped-for interest rate cut.

The Nikkei was seen moving in a range from 16,000 to 16,400, with futures-led buying helping to lead it higher amid a lack of other strong trading factors. It finished down 1.7 percent at 16,012.83 on Wednesday.

''We're likely to see a complete recovery of yesterday's losses,'' Miura said.

Oil prices shot up to $73.53 a barrel overnight on supply concerns, boosting energy shares, and some impact from this was also seen likely during Tokyo trading hours.

INPEX Holdings Inc, Japan's biggest oil developer, said on Wednesday it has won approval from the government of Suriname to buy a 35 percent stake in an offshore oil field there from Denmark's Maersk Oil and Gas AS.

Nikkei futures traded in Chicago finished Wednesday at 16,375.00, 325 points above the Osaka close indicating that Tokyo stocks are likely to head upward as well.

The Dow Jones industrial average rose 1.90 percent to 13,289.29. The Nasdaq Composite Index gained 2.50 percent to 2,563.16, its best day since June 29, 2006.

STOCKS TO WATCH -- NTT DoCoMo Inc, Acca Networks Co Ltd Q> Japan's largest mobile phone carrier NTT DoCoMo is in talks with Acca Networks on offering broadband service using WiMAX wireless technology, the Nikkei business daily said on Thursday.

-- Tokyo Electron Ltd T> The world's second-biggest chip gear maker will likely post a 42 percent rise in group net profit for the April-September first half due to robust growth in sales of chipmaking devices in Asia after the summer, the Nikkei business daily said.

It will likely book a 53 billion yen ($456.9 million) net profit, the paper said.

-- Nissan Motor Co Ltd T> Nissan will jointly build a coil centre in Japan with South Korean steelmaker Posco to process automotive and stainless steel to secure a stable supply and bolster its negotiating power with Japanese steelmakers for other products amid rising steel prices, the Nikkei daily said.

-- TDK Corp T> Japanese electronic parts maker TDK said on Wednesday it would buy 74.3 percent of Thailand-based Magnecomp Precision Technology from Singapore's Magnecomp International Ltd for $123 million.

-- Isuzu Motors Ltd T> Isuzu and General Motors Corp said on Wednesday they would work together more closely in South America, possibly through a joint venture, to boost truck sales.

-- INPEX Holdings Inc. T> INPEX, Japan's biggest oil developer, has won approval from the government of Suriname to buy a 35 percent stake in an offshore oil field there from Denmark's Maersk Oil and Gas AS.

-- kabu.com Securities Co Ltd T> The online brokerage said it would buy back up to 1.5 billion yen worth of its own shares or up to 1 percent of its outstanding shares between Aug. 30 and Sept. 28.

($1=116.00 Yen) Reuters RKM VP0523