Tokyo: Stocks rise, Sharp dives on takeover questions

[TOKYO] Tokyo stocks rose Friday as poor inflation data spurred talk of more central bank stimulus, while Sharp nosedived after the parent company of Taiwan's Foxconn delayed sealing a multi-billion-dollar takeover of the Japanese electronics giant.

The benchmark Nikkei 225 index at the Tokyo Stock Exchange was up 0.30 per cent, or 48.07 points, to finish at 16,188.41, while the Topix index of all first-section shares rose 0.29 per cent, or 3.73 points, to 1,311.27.

AFP