Japan’s Nikkei erased early losses to close higher on Friday, as sentiment was boosted by a rise in US futures after Wall Street’s losses Thursday night, as well as a decline in the yen.<\/p>\n\n\n\n
The Nikkei ended the session up 0.56% to 26,553.53 points, after it had fallen 0.3% earlier in the day on the impact of Wall Street’s losses.<\/p>\n\n\n\n
The index recorded a weekly increase of 1.66 percent.<\/p>\n\n\n\n
The broader Topix index rose 0.59% to 1926.87 points, and rose 1.25% during the week.<\/p>\n\n\n\n
US stock indices closed lower on Thursday night after data indicated a scarcity in the labor market, renewing fears that the Federal Reserve will continue its course of aggressively raising interest rates, which could lead the economy to recession.<\/p>\n\n\n\n
Fast Retailing, which owns the Uniqlo brand, rose 0.94 percent. Air-conditioning maker Daikin Industries rose 2.09 percent, and telecom company KDDI rose 1.27 percent.<\/p>\n\n\n\n
Airlines shares jumped 3.18% to top 33 sub-indices on the Tokyo Stock Exchange after Prime Minister Fumio Kishida said the government would consider reviewing COVID-19 measures by spring and downgrading the disease to a less severe category.<\/p>\n\n\n\n
Chip equipment maker Tokyo Electron fell 0.18 percent. Online medical services platform M3 fell 1.44 percent.<\/p>\n","protected":false},"excerpt":{"rendered":"
Japan’s Nikkei erased early losses to close higher on Friday, as sentiment was boosted by a rise in US futures after Wall Street’s losses Thursday night, as well as a decline in the yen. The Nikkei ended the session up 0.56% to 26,553.53 points, after it had fallen 0.3% earlier in the day on the …<\/p>\n","protected":false},"author":9,"featured_media":78660,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[39,36],"tags":[7211,6877,6928,6882],"class_list":["post-78719","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-global-stock-markets","category-market-updates","tag-currencies","tag-dollar","tag-euro","tag-forex"],"_links":{"self":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78719","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/comments?post=78719"}],"version-history":[{"count":1,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78719\/revisions"}],"predecessor-version":[{"id":78720,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/posts\/78719\/revisions\/78720"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media\/78660"}],"wp:attachment":[{"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/media?parent=78719"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/categories?post=78719"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/noortrends.ae\/en\/wp-json\/wp\/v2\/tags?post=78719"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}