Tokyo stocks rise on bargain hunting after strong U.S. tech earnings

Economy

Tokyo stocks rose Friday on bargain hunting as investor confidence was lifted after strong earnings results from major U.S. tech firms.

The 225-issue Nikkei Stock Average ended up 389.91 points, or 1.27 percent, from Thursday at 30,991.69. The broader Topix index finished 30.40 points, or 1.37 percent, higher at 2,254.65.

On the top-tier Prime Market, gainers were led by marine transportation, mining and nonferrous metal issues.

Kyodo News

Kyodo News