Japan‘s Nikkei stock average closed higher on Friday, rising by 83.56 points to reach 38,635.62 points compared to the previous day. The increase in crude oil prices due to concerns over the deteriorating situation in the Middle East has led to a rise in energy-related stocks such as oil and mining. However, semiconductor-related stocks, which had seen an increase the day before, are now experiencing a noticeable decline.
Investors are adopting a cautious approach ahead of the release of U.S. employment statistics on Friday evening. These statistics will have an impact on the Federal Reserve’s monetary policy, prompting investors to adopt a wait-and-see attitude.
In addition to the Nikkei stock average, the broader Topix index also saw gains on Friday. It finished up by 10.36 points at 2694.07.
market sentiment remains uncertain as investors closely monitor global events and economic indicators that could influence stock prices and market trends in Japan and beyond.
