Tokyo: Stocks end week up as Line messenger app soars
[TOKYO] Tokyo stocks ended the week on a high Friday as messaging app Line skyrocketed in its Japanese trading debut and after Uniqlo-operator Fast Retailing surged on strong quarterly financial results.
The benchmark Nikkei 225 index advanced 0.68 per cent, or 111.96 points, to close at 16,497.85, booking its fifth straight winning session. It rose more than nine per cent over the five days.
The broader Topix index of all first-section shares gained 0.45 per cent, or 5.94 points, to end at 1,317.10.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Asia: Markets track Wall Street higher as rate hopes rise, eyes on US jobs
H2G Green chief to stand trial on Aug 5 amid MOM probe
Singapore shares climb at Friday’s open; STI up 0.2%
Stocks to watch: DBS, KIT, Clint, Elite Commercial Reit
Europe: Shares ease after Federal Reserve decision, mixed earnings
US: Tech shares lead stocks higher