Tokyo stocks closed higher for a fourth straight session on Friday, extending rallies on Wall Street on hopes of a China-US trade deal.[TOKYO] Tokyo stocks closed higher for a fourth straight session on Friday, extending rallies on Wall Street on hopes of a China-US trade deal.
The benchmark Nikkei 225 index rose 0.26 per cent or 61.55 points to end at 23,391.87. Over the week, it jumped 2.37 per cent. The broader Topix index was up 0.27 per cent or 4.64 points at 1,702.77, a weekly gain of 2.18 per cent. "The Nikkei index rose as hopes for the removal of tariffs between the US and China expanded," Okasan Online Securities said in a commentary.China and the United States have agreed a plan to remove tariffs imposed on two-way goods in stages, the commerce ministry said Thursday after the close of the Japanese market, as negotiators try to hammer out a trade deal.
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