Xinhua
17 Nov 2023, 15:14 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 Entertainment Sun 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 Entertainment Sun.
More InformationDUBAI, U.A.E.: A cargo ship flagged under Liberia, known as the Eternity C, sank in the Red Sea following an attack executed by Yemen's...
WASHINGTON, D.C.: The Trump administration has started sending some weapons to Ukraine again, just a week after the Pentagon told officials...
ECAULT BEACH, France: On clear days, the white cliffs of the United Kingdom, are visible from northern France, where men, women, and...
ATLANTA, Georgia: The United States is facing its worst measles outbreak in more than three decades, with 1,288 confirmed cases so...
In the past month alone, 23 Israeli soldiers have been killed in Gaza—three more than the number of remaining living hostages held...
LONDON, U.K.: At least 13 people are believed to have taken their own lives as a result of the U.K.'s Post Office scandal, in which...
WASHINGTON, D.C.: Filmmaker Peter Jackson's lifelong fascination with the extinct giant New Zealand flightless bird called the moa...
NEW DELHI, India: Birkenstock is stepping up its efforts to protect its iconic sandals in India, as local legal representatives conducted...
Hyderabad (Telangana) [India], July 13 (ANI): The Telugu film industry and fans across the country were left heartbroken on Sunday...
Hyderabad (Telangana) [India], July 13 (ANI): Telangana BJP President N Ramchander Rao on Sunday condoled the demise of veteran Telugu...
Hyderabad (Telangana) [India], July 13 (ANI): Former Vice President of India, Venkaiah Naidu, arrived at the residence of veteran actor...
Hyderabad (Telangana) [India], July 13 (ANI): Telangana Chief Minister A Revanth Reddy on Sunday expressed grief over the demise of...