TOKYO, Aug. 8 (Xinhua) -- Tokyo stocks on Friday rose for a fourth straight day, with the Topix closing at a record high, as Nikkei heavyweight SoftBank Group surged on solid earnings and concerns about U.S. tariffs eased.
Japan's benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 761.33 points, or 1.85 percent, from Thursday to 41,820.48.
The broader Topix index, meanwhile, finished at a new record high of 3,024.21, up 36.29 points, or 1.21 percent.
On the stock market, the Nikkei index briefly surged over 2 percent, boosted by a jump in technology and investment conglomerate SoftBank Group which reported a fiscal first-quarter profit for the first time in four years, analysts said.
The upward momentum was also supported as worries about U.S. tariffs eased after Japan's chief tariff negotiator Ryosei Akazawa said the United States has admitted a "mistake" in implementing part of a bilateral trade deal with Japan and has agreed to refund any excess duties collected due to the mistake. ■
