Japan's stock market fell on Friday following the decline in shares of exporters on strengthening of the yen the fourth consecutive sessions, reported Bloomberg.
Japan's Nikkei 225 and Topix at the close of the trading decreased respectively by 0.11% and 0.49%.
Despite the negative outcome of the results for fifth week in a row, Topix since the beginning of this year added 7.7%. For comparison, the American index Standard & Poor's 500 this year increased by only 0.1%, the composite indicator – European Stoxx Europe 600 by 6.9%.
"The yen is back to where it was before the increase in interest rates in the United States - said a senior analyst at Nomura Holdings Inc, Yuichi Waco. – there are not foreign investors on the eve of Christmas, and internal factors are not strong enough to push the market up."
The market value of exporters fell on Friday, including those of automakers Toyota Motor - by 0.9%, and Honda Motor - by 0.7%.
Shares of the largest Japanese bank, Mitsubishi UFJ Financial Group, fell 1,7%, and Sumitomo Mitsui Financial Group decreased by 1.5%.
The price of the Mitsubishi Heavy Industries fell 4.6% on the news that its division – Mitsubishi Aircraft Corp, postponed for one year later the start of deliveries of the first passenger aircraft, entirely made in Japan.
Meanwhile, China's stock market rose on Friday after rising stock prices of consumer companies and representatives of the real estate industry, while it finished in positive territory a second consecutive week.
Chinese Shanghai Composite Index rose 0.43% for the day and 1.4% at the end of the week.
The stock markets of Australia, South Korea and Hong Kong do not work on Friday because of the celebration of Christmas. This is also true about the US stock market, which was closed on Friday, and activated on a shorter day on Thursday.