Tokyo shares close higher but Mitsubishi Materials plunges

TOKYO: Tokyo shares rose Friday, recouping earlier losses thanks to late bargain-hunting, while Mitsubishi Materials dropped more than eight percent after news of a quality control scandal emerged.

The benchmark Nikkei 225 index gained 0.12 percent, or 27.70 points, to close at 22,550.85, while the broader Topix index rose 0.20 percent, or 3.48 points, at 1,780.56.