Japanese Stocks Rise at the Close of Friday's Trading

The Nikkei Index Gains Strongly at the Close of Friday's Trading

 

Japanese stocks closed higher on Friday,

with gains across several sectors.

The banking, real estate, and textile sectors were among the top performers.

The leading stocks that rose at the close of trading today were:

SoftBank Group Corp., up 6.4%

Fujikura Ltd., up 4.2%

Taise Corp., up 4%

The Nikkei index also rose by 1.02%.

 

Nikkei


Regarding the analysis of the Nikkei index:

The index rose today to levels of 50,363.

The outlook remains bullish in the long term.

The index is still in an upward trend, and the outlook remains bullish

in the long term, as long as it does not break below the previously 

identified buying levels. The index is targeting a rise to previous peak levels

which are near the 52658 level.