AIRLINK 74.85 Increased By ▲ 0.56 (0.75%)
BOP 4.98 Increased By ▲ 0.03 (0.61%)
CNERGY 4.49 Increased By ▲ 0.12 (2.75%)
DFML 40.00 Increased By ▲ 1.20 (3.09%)
DGKC 86.35 Increased By ▲ 1.53 (1.8%)
FCCL 21.36 Increased By ▲ 0.15 (0.71%)
FFBL 33.85 Decreased By ▼ -0.27 (-0.79%)
FFL 9.72 Increased By ▲ 0.02 (0.21%)
GGL 10.45 Increased By ▲ 0.03 (0.29%)
HBL 112.74 Decreased By ▼ -0.26 (-0.23%)
HUBC 137.44 Increased By ▲ 1.24 (0.91%)
HUMNL 11.42 Decreased By ▼ -0.48 (-4.03%)
KEL 5.28 Increased By ▲ 0.57 (12.1%)
KOSM 4.63 Increased By ▲ 0.19 (4.28%)
MLCF 37.80 Increased By ▲ 0.15 (0.4%)
OGDC 139.50 Increased By ▲ 3.30 (2.42%)
PAEL 25.61 Increased By ▲ 0.51 (2.03%)
PIAA 20.68 Increased By ▲ 1.44 (7.48%)
PIBTL 6.80 Increased By ▲ 0.09 (1.34%)
PPL 122.20 Increased By ▲ 0.10 (0.08%)
PRL 26.58 Decreased By ▼ -0.07 (-0.26%)
PTC 14.05 Increased By ▲ 0.12 (0.86%)
SEARL 58.98 Increased By ▲ 1.76 (3.08%)
SNGP 68.95 Increased By ▲ 1.35 (2%)
SSGC 10.30 Increased By ▲ 0.05 (0.49%)
TELE 8.38 Decreased By ▼ -0.02 (-0.24%)
TPLP 11.06 Decreased By ▼ -0.07 (-0.63%)
TRG 64.19 Increased By ▲ 1.38 (2.2%)
UNITY 26.55 Increased By ▲ 0.05 (0.19%)
WTL 1.45 Increased By ▲ 0.10 (7.41%)
BR100 7,841 Increased By 30.9 (0.4%)
BR30 25,465 Increased By 315.4 (1.25%)
KSE100 75,114 Increased By 157.8 (0.21%)
KSE30 24,114 Increased By 30.8 (0.13%)

TOKYO: Tokyo stocks closed higher on Friday, rebounding from losses in previous sessions and following gains on Wall Street, despite Russia's invasion of Ukraine.

The benchmark Nikkei 225 climbed 1.95 percent or 505.68 points to 26,476.50, while the broader Topix index added 1.00 percent or 18.66 points to 1,876.24.

The dollar stood at 115.21 yen in Asian trade, against 115.49 yen on Thursday in New York.

Russian President Vladimir Putin unleashed a full-scale ground invasion and air assault on Thursday, with deadly battles reaching the outskirts of Kyiv.

Tokyo shares end lower on Ukraine crisis

Sanctions enacted by Washington and its allies -- which sought to cripple Russia's financial and technology sectors -- were strict but fell short of even tougher measures expected by some observers, prompting rallies on Wall Street.

In Japan, tech and semiconductor-related shares advanced, following overnight gains of their rivals on Wall Street, where the tech-rich Nasdaq index closed up 3.3 percent.

"Sharp gains of the Nasdaq prompted buybacks" of a variety of shares, Okasan Online Securities said.

"Buying continued in the afternoon, prompting (the Nikkei) to advance on a solid path until the closing bell."

Among major shares in Tokyo, tech investment giant SoftBank Group soared 5.56 percent to 5,069 yen.

Tokyo Electron, which makes tools to produce semiconductors, jumped 5.79 percent to 56,600 yen. Industrial robot maker Fanuc rose 4.05 percent to 21,075 yen.

Sony Group rose 3.10 percent to 11,810 yen, and Toyota added 0.62 percent to 2,104 yen. Uniqlo operator Fast Retailing rose 1.33 percent to 61,750 yen.

Comments

Comments are closed.