TOKYO, July 22 (Reuters) - Japan's Nikkei index closed at a
more than six-week high on Friday, led by growth stocks which
tracked Wall Street's overnight gains and shipping firms which
rose on their robust earnings.
The Nikkei share average gained 0.4% to 27,914.66,
its highest close since June 9.
The index jumped 4.2% this week to mark its biggest weekly
gain since March 25. It also rose for a seventh straight
session, the longest winning streak since the end of March.
The broader Topix edged up 0.28% to 1,955.97 and
posted a 3.35% weekly gain.
U.S. stocks rose on Thursday, boosted by a late-afternoon
rally and gains in heavyweight growth stocks, including Tesla
Chip-making equipment maker Tokyo Electron rose
1.34% and was the biggest boost for the Nikkei. Staffing agency
Recruit Holdings rose 3.45% and air-conditioning maker
Daikin Industries 1.21%.
The shipping sector jumped 4.75% after three
major firms raised their annual profit forecasts.
Kawasaki Kisen surged 11.31%, Nippon Yusen
jumped 4.02%, and Mitsui OSK Lines advanced 2.93%.
Utility shares weakened, with Tokyo Electric Power Company
Holdings Inc falling 8.3% and Chubu Electric Power
There were 122 advancers on the Nikkei index against 93
The volume of shares traded on the Tokyo Stock Exchange's
main board was 1.03 billion, compared to the average of 1.24
billion in the past 30 days.
(Reporting by Junko Fujita; Editing by Subhranshu Sahu and