"The market remains in a mid-term uptrend with expectations mounting about earnings in the next fiscal year"
- Juichi Wako, a senior strategist at Tokyo-based Nomura Holdings Inc.
Japanese stocks advanced for a fourth consecutive day on Friday after reports on employment and manufacturing showed the world's largest economy is expanding.
The Nikkei 225 advanced 0.06%, or 6.55, to 10,129.83. The broader Topix rose 0.36%, or 3.12, to 866.73.
"The market remains in a mid-term uptrend with expectations mounting about earnings in the next fiscal year," said Juichi Wako, a senior strategist at Tokyo-based Nomura Holdings Inc.
"The Nikkei is likely to stay above 10,000."
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