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| - Tokyo stocks closed marginally higher on Friday, led by gains in the tech sector with investors also eyeing a US-Japan summit in Washington. The benchmark Nikkei 225 index rose 0.14 percent, or 40.68 points, to 29,683.37. Over the week, however, it lost 0.3 percent. The broader Topix index edged up 0.09 percent, or 1.74 points, to 1,960.87 and rose 0.1 percent from a week before. Tech shares gained ground in Tokyo after the tech-rich Nasdaq Composite Index jumped 1.3 percent in New York. But investors largely took a wait-and-see attitude ahead of a summit between Japan's Prime Minister Yoshihide Suga and US President Joe Biden, said Shinichi Yamamoto, a broker at Okasan Securities. "Many investors were also sidelined, waiting for the corporate results season," Yamamoto told AFP. "Trading is expected to be range-bound for now due to a tug-of-war between profit-taking and bargain-hunting," he added. The dollar fetched 108.78 yen in Asian afternoon trade, against 108.72 yen in New York late Thursday. Semiconductor-linked shares were among winners, with chip-making equipment manufacturer Tokyo Electron up 0.36 percent at 49,120 yen and chip-testing equipment maker Advantest rising 0.38 percent to 10,530 yen. Nintendo advanced 0.30 percent to 65,050 yen but Sony fell 1.02 percent to 12,080 yen. Toshiba dropped 6.02 percent to 4,600 yen after local media said the Japanese conglomerate was set to reject a buyout offer from a private equity fund. Toshiba denied the reports. si/kaf/reb
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