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 Milwaukee 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 Milwaukee Sun.
More InformationMOSCOW, Russia: Just hours after his sudden dismissal by President Vladimir Putin, Russia's former transport minister, Roman Starovoit,...
DHARAMSHALA, India: The Dalai Lama turned 90 on July 6, celebrated by thousands of followers in the Himalayan town of Dharamshala,...
ZAGREB, Croatia: A massive concert by popular Croatian singer Marko Perković, known by his stage name Thompson, has drawn widespread...
WASHINGTON, D.C.: Elon Musk's entry into the political arena is drawing pushback from top U.S. officials and investors, as his decision...
CULVER CITY, California: TikTok is preparing to roll out a separate version of its app for U.S. users, as efforts to secure a sale...
WASHINGTON, D.C.: President Donald Trump claimed he was unaware that the term shylock is regarded as antisemitic when he used it in...
(Photo credit: Mitch Stringer-Imagn Images) New York Mets outfielder Juan Soto might be trying to prove a point this week after he...
(Photo credit: Jeff Hanisch-Imagn Images) Hard-throwing rookie Jacob Misiorowski recovered from a leadoff home run by Shohei Ohtani...
(Photo credit: Albert Cesare/The Enquirer / USA TODAY NETWORK) The Los Angeles Dodgers recalled Alexis Diaz, the former All-Star...
(Photo credit: Joe Camporeale-Imagn Images) The Los Angeles Clippers are emerging as the favorite to land Bradley Beal once the guard...
(Photo credit: Brad Rempel-Imagn Images) On Saturday, the hope was that Rhys Hoskins would sit for only a few days with a thumb injury....
(Photo credit: Charles LeClaire-Imagn Images) Pittsburgh Pirates center fielder Oneil Cruz accepted an invitation on Tuesday to compete...