Japan shares show positive dynamics thanks to the banking sector
The Nikkei index rose by 1.1% to 22.512.08 points, retreating from the previous session's closing low of a week and a half. Over the week, the index added 0.1%.
Wider Topix index rose by 1% to 1.577.37 points, with all 33 sub-indexes of the Tokyo Stock Exchange, except for three, completed the session on a positive territory.
Shares of banks traded on the Tokyo Stock Exchange rose: securities of Mitsubishi UFJ Financial Group (MUFG) Inc, Sumitomo Mitsui Financial Group (SMFG) Inc and Mizuho Financial Group Inc rose by 1.3-1.7%.
SoftBank Group Corp's heavyweight papers gained 3% as the technology conglomerate announced a buy-back of up to 5.75% of its 500 billion yen ($4.7 billion) shares by March 31, 2021 after the session closed on Thursday.
($1 = 107,1700 yen)