close Japanese Nikkei Index At its highest level in nearly two months, today, Friday, backed by gains in shares of Fast Retailing after the company reported strong domestic sales.
The Nikkei rose 1.27% to close at 27,761.57 points, the highest closing level since April 5, recording the largest weekly jump since March 25, which amounted to 3.66%.
Shares of Fast Retailing, owner of Uniqlo, rose 5.86 percent, and provided the biggest boost to “Nikkei” after its sales in Japan jumped in May by 17.5 percent, rising for the second month in a row.
But caution ahead of a major US jobs report later today, capped the overall gains.
The broader Topix index rose 0.35% to 1933.14 points, up 2.43% during the week.
Sony Group, which manufactures games and cameras, led the gains on the Topix index, rising by 1.88%.
The share of Tokyo Electron for chip-making equipment increased 2.39%, while the share of SoftBank Group, which invests in the technology sector, increased 2.19%.
On the other hand, Toshiba’s share fell by 2.41%, and the company’s shares had risen more than 6.47% in the last month.