AGL 38.00 No Change ▼ 0.00 (0%)
AIRLINK 213.91 Increased By ▲ 3.53 (1.68%)
BOP 9.42 Decreased By ▼ -0.06 (-0.63%)
CNERGY 6.29 Decreased By ▼ -0.19 (-2.93%)
DCL 8.77 Decreased By ▼ -0.19 (-2.12%)
DFML 42.21 Increased By ▲ 3.84 (10.01%)
DGKC 94.12 Decreased By ▼ -2.80 (-2.89%)
FCCL 35.19 Decreased By ▼ -1.21 (-3.32%)
FFBL 88.94 No Change ▼ 0.00 (0%)
FFL 16.39 Increased By ▲ 1.44 (9.63%)
HUBC 126.90 Decreased By ▼ -3.79 (-2.9%)
HUMNL 13.37 Increased By ▲ 0.08 (0.6%)
KEL 5.31 Decreased By ▼ -0.19 (-3.45%)
KOSM 6.94 Increased By ▲ 0.01 (0.14%)
MLCF 42.98 Decreased By ▼ -1.80 (-4.02%)
NBP 58.85 Decreased By ▼ -0.22 (-0.37%)
OGDC 219.42 Decreased By ▼ -10.71 (-4.65%)
PAEL 39.16 Decreased By ▼ -0.13 (-0.33%)
PIBTL 8.18 Decreased By ▼ -0.13 (-1.56%)
PPL 191.66 Decreased By ▼ -8.69 (-4.34%)
PRL 37.92 Decreased By ▼ -0.96 (-2.47%)
PTC 26.34 Decreased By ▼ -0.54 (-2.01%)
SEARL 104.00 Increased By ▲ 0.37 (0.36%)
TELE 8.39 Decreased By ▼ -0.06 (-0.71%)
TOMCL 34.75 Decreased By ▼ -0.50 (-1.42%)
TPLP 12.88 Decreased By ▼ -0.64 (-4.73%)
TREET 25.34 Increased By ▲ 0.33 (1.32%)
TRG 70.45 Increased By ▲ 6.33 (9.87%)
UNITY 33.39 Decreased By ▼ -1.13 (-3.27%)
WTL 1.72 Decreased By ▼ -0.06 (-3.37%)
BR100 11,881 Decreased By -216 (-1.79%)
BR30 36,807 Decreased By -908.3 (-2.41%)
KSE100 110,423 Decreased By -1991.5 (-1.77%)
KSE30 34,778 Decreased By -730.1 (-2.06%)

TOKYO: Tokyo shares closed higher on Friday, supported by gains in Chinese shares, while investors awaited a key address by the US Federal Reserve chair.

The benchmark Nikkei 225 index gained 0.40 percent, or 82.90 points, to end at 20,710.91. Over the week, it climbed 1.43 percent.

The broader Topix index rose 0.28 percent, or 4.19 points, to 1,502.25. Over the week, it was up 1.14 percent.

However, many Tokyo investors were sitting on their hands before Fed chair Jerome Powell delivers a highly anticipated speech at the annual Jackson Hole conference of central bankers later in the day.

US President Donald Trump has been openly criticising Powell and demanding the Fed cut rates further to prop up the economy.

"Tokyo shares advanced steadily, helped by gains in Hong Kong and Shanghai shares," Okasan Online Securities said in a commentary.

But it added that traders were in wait-and-see mode ahead of the Fed speech.

The dollar bought 106.62 yen in Asian trade, slightly higher from 106.42 yen in New York.

Among major shares, Sony added 0.88 percent to 5,903 yen, while Toyota climbed 0.14 percent to 6,916 yen.

SoftBank Group was down 0.14 percent to 4,738 yen and Mitsubishi UFJ Financial Group was up 0.37 percent at 502.4 yen.

Copyright AFP (Agence France-Press), 2019

Comments

Comments are closed.