TOKYO, Nov. 28 (Xinhua) -- Tokyo stocks ended higher Friday, amid hopes for a possible additional U.S. Federal Reserve rate cut.
The benchmark Nikkei stock index, the 225-issue Nikkei Stock Average, ended up 86.81 points, or 0.17 percent, from Thursday at 50,253.91.
The broader Topix index, meanwhile, finished 9.87 points, or 0.29 percent, higher at 3,378.44.
On the stock market, the benchmark Nikkei was initially weighed down by some heavyweight technology issues as investors sold shares after the index gained more than 1,500 points over the past three trading days, analysts said.
However, the market was supported by growing expectations that the U.S. central bank will cut interest rates next month to support the world's largest economy. ■
