The yen gained in Asian trading Monday, a day after Japanese voters handed the ruling Liberal Democratic Party a resounding defeat in a general election The greenback bought 92.71 yen, down from 93.64 yen in late North American trading on Friday. The main opposition Democratic Party of Japan claimed the helm of the world's second-largest economy, winning 308 of the 480 seats in the lower house of parliament, compared with 115 seats previously. The LDP's representation fell to 119 seats from 300. "We have been anticipating some seasonal support for [the] Japanese yen in the run into the fiscal half-year at the end of September; the election win provides further support," said Patrick Bennett, Asia forex and rates strategist at Société Générale, in e-mailed comments. The dollar gained against most other major rivals. The dollar index (DXY), which tracks the U.S. unit against a trade-weighted basket of six major currencies, was at 78.330, up from 78.324 Friday. The euro bought $1.4282, down from $1.4299 late Friday. Click here to go to Dow Jones NewsPlus, a web front page of today's most important business and market news, analysis and commentary: http://www.djnewsplus.com/access/al?rnd=LbLx1kOuFl2QgPYfU9%2Bw8g%3D%3D. You can use this link on the day this article is published and the following day.

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