Tokyo, November 13 (QNA) - Japan's Nikkei share average is on track to record its strongest weekly performance in five months, recovering from the sharp losses sustained last week.
The Nikkei rose 1.25 percent to 61,576.91 points in Friday's trading, putting it on course to end the week up 7.3 percent, its biggest weekly gain since the week beginning June 15.
The broader Topix index also advanced 0.63 percent to 3,962.08 points, heading for a weekly gain of around 7 percent, its strongest performance since mid-August 2024.
Shares of 138 companies listed on the Nikkei rose, while 82 declined and five remained largely unchanged.
Banking stocks on the Tokyo Stock Exchange gained 1 percent, tracking an increase in US Treasury yields amid expectations of further interest rate hikes in the United States. (QNA)