Tokyo: Stocks close higher after WHO virus ruling

Makoto Sengoku, market analyst at Tokai Tokyo Research Institute, said:"Sentiment was propped up as the WHO didn't go for travel or trade restrictions."

"We still don't know how the virus situation will develop but at least excessive caution has eased," he told AFP. Meanwhile, Japanese Prime Minister Shinzo Abe warned citizens against non-essential travel to China and fast-tracked new rules to limit the spread of the virus. In Tokyo trading, Uniqlo chain operator Fast Retailing advanced 1.19 per cent to 59,340 yen while chip-making equipment manufacturer Tokyo Electron jumped 2.29 per cent to 24,500 yen.Game giant Nintendo dropped 3.54 per cent to 40,770 yen after its third-quarter operating profit released late Thursday was slightly lower than market expectations. The Kyoto-based firm said on Friday there would be no fresh model of its hot-selling Switch console this year.

Japan's unemployment rate in December stood at 2.2 per cent, unchanged from the previous month, according to data released by the internal affairs ministry before the opening bell.

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