Sept 9 (Reuters) - Japanese stocks gained on Friday, in line
with Wall Street and Asian peers, as investors digested hawkish
remarks from policymakers that firmly established views of
aggressive rate hikes to tame inflation.
Japan's Nikkei share average was up 0.55% at
28,219.70 at the break. The benchmark index started trade 0.5%
up and stayed above the psychological barrier of 28,000 for the
entire morning session.
The Nikkei has gained 2.02% so far this week.
The broader Topix index rose 0.36%.
"U.S. stock futures have been solid after hours, and there
hasn't been any collapse," a market participant at a domestic
securities firm said, despite the previous day's rally pointing
to possible position adjustments ahead of the weekend.
Federal Reserve Chair Jerome Powell said on Thursday the
U.S. central bank was "strongly committed" to controlling
inflation, while the European Central Bank also signalled
further hikes to fight inflation.
Of the Nikkei's 225 constituents, 151 posted gains, 67
dropped, and seven traded flat.
Healthcare was the best performing sector in the Nikkei
index with a 1% gain, tracking a strong showing on Wall Street
Online healthcare company M3 Inc gained 3.5% and
was the second-biggest contributor in the Nikkei.
Pharmaceuticals company Shionogi & Co Ltd rose 2.46%,
and Chugai Pharmaceutical Co Ltd was up 2%.
Clothing giant Fast Retailing Co Ltd, Uniqlo's
parent company, added the most to the Nikkei's overall level
after gaining 0.96%.
SoftBank Group Corp was the biggest laggard with a
The industrials sector was trading in red, with equipment
parts manufacturer Jtekt Corp falling the most and
Japan Steel Works Ltd dropping 0.82%.
(Reporting by Sam Byford and Tokyo markets team; Editing by