TOKYO: Japanese shares ended more than 1% higher on Friday, following Wall Street's rally overnight, driven by upbeat earnings from domestic firms and expectations of a large US stimulus package. Nikkei share average jumped 1.54% to 28,779.19. The broader Topix gained 1.38% at 1,890.95.
Japanese automakers jumped, with Mazda Motor surging 18.52% after cutting its loss forecast, making it the biggest gainer in the Nikkei index. Mitsubishi Motor jumped 8.13% and Nissan Motor gained 7.51%. NTT Data jumped 9.63% after Nomura Securities raised its target price on the information network builder's stock.
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