Xinhua
17 Nov 2023, 19:44 GMT+10
TOKYO, Nov. 17 (Xinhua) -- Tokyo stocks closed higher on Friday, with the Nikkei index hitting a four-month high, cheered by optimism following a strong domestic earnings season that just wrapped up.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 160.79 points, or 0.48 percent, from Thursday at 33,585.20, its highest close since July 3.
The broader Topix index, meanwhile, finished 22.43 points, or 0.95 percent, higher at 2,391.05.
On the stock market, investors were optimistic following the strong performances reported by Japanese firms so far this earnings season, as well as hopes the Fed's rate hike campaign will be over sooner than later, analysts said.
On the top-tier Prime Market, gainers were led by air transportation, precision instruments and construction issues.
Japan Airlines climbed 66.5 yen, or 2.4 percent, to 2,886.0 yen, while ANA Holdings, the parent company of All Nippon Airways Co., rose 97 yen, or 3.2 percent, to 3,124 yen. (1 Japanese yen equals 0.0067 U.S. dollar)
Get a daily dose of Munich Metro news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Munich Metro.
More InformationDUBLIN, Ireland: The latest Balance for Better Business report has revealed that women now hold 39 percent of board positions ...
BRUSSELS, Belgium: To address power shortages at electric vehicle (EV) charging stations, last week, the European Commission announced plans to ...
The U.S. has supplied Israel with scores of BLU-109 bunker-buster bombs since October 7, the Wall Street Journal has reported, ...
Prime Minister Mia Mottley has called for global talks on reparations for countries affected by the slave tradeBarbados Prime Minister ...
Mikhail Podoliak weighed in on a video showing armed Ukrainian soldiers serving draft notices to gym-goersMobilization in Ukraine will be ...
DUBAI, UNITED ARAB EMIRATES - More than 60 countries signed onto a pledge to sharply reduce cooling-related carbon emissions at ...
NEW YORK, New York - The U.S. was alone on Friday in a 13-1 vote for a ceasefire in the ...
WASHINGTON D.C.: The Associated Press (AP) reported that Manuel Rocha, a former American diplomat who served as U.S. ambassador to ...
MADISON, Wisconsin: On November 30, Hridindu Sankar Roychowdhury from Wisconsin pleaded guilty to firebombing a conservative anti-abortion group's office on ...
An Israeli tank crew killed a Reuters journalist and wounded six reporters in Lebanon on Oct. 13 by firing two ...
WASHINGTON DC - In a major blow to U.S. President Joe Biden, less that a year out from the November ...
TOKYO, Japan: This week, the U.S. Air Force said that divers have discovered the wreckage and the remains of five ...