Nikkei briefly hits near 27-year high on weaker yen, hopes for earnings
Tokyo stocks closed higher Friday, with the benchmark Nikkei Stock Average briefly hitting a 27-year high, as buying was supported by hopes for solid domestic corporate earnings and a weaker yen.
The 225-issue Nikkei index added 323.30 points, or 1.36 percent, from Thursday to close the day at 24,120.04.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, gained 17.14 points, or 0.95 percent, to finish at 1,817.25.
Information and communication, chemical, and pulp and paper-linked issues comprised those that gained the most by the close of play.
