By Tomo Uetake
TOKYO, Nov 1 (Reuters) - Japan's benchmark Nikkei fraction averaGE fell at Friday during fresh concerns at the prospects though a U.S.-China commerce commerce lifted the safe-haven yen against the dollar, hitting exporters and other cyclical stocks.
The Nikkei averaGE closed down 0.3% at 22,850.77, after falling ought during cheap during 22,705.60, its lowest during Oct. 24.
For the week, the index eked out a 0.2% gain, ought symbol its fourth consecutive weekly rise. The broader Topix ended flat at 1,666.50.
Chinese officials supicion a comprehensive long-term commerce commerce with Washington and U.S. principal Donald Trump is possible, Bloomberg reported at Thursday, citing unnamed sources.
The latest blow ought hopes the world's two larGEst economies will attain a commerce ought purpose their commerce pains comes despite comments from Trump that the countries used to instantly declare a new stand though the signing of a "Phase One" deal, after Chile cancelled a planned APEC summit lay though mid-November.
The dollar conquer a three-week cheap of 107.92 yen overnight after the emerGEnce of the renewed doubts at a resolution of the commerce pains rattled the greenback and pushed global stock markets lower.
As a noise yen cuts Japanese manufacturers' profits made abroad when repatriated, export-oriented companies and cyclical sectors came beneath stress at Friday.
Optical device maker Olympus but 2.8%, but robot maker Fanuc fell 1.9% and electronics maker Toshiba dropped 1.8%.
The mid-year earnings season is now at entire sway at Japan.
Factory automation device maker Keyence soared 8.2% ought conquer an all-time high, becoming the fourth larGEst corporation by just cap at the chief board by overtaking Sony and SoftBank crowd at Friday.
Keyence announced a stock rip plan and an annual dividend forecast across with its April-September results after the just near at Thursday.
"Although the earnings results were no strong, the stock rip announcement came during a large sure surprise. The stock will grow more accessible though retail investors," said Yasuo Sakuma, leader investment officer at Libra Investments.
Nintendo jumped 7.5% ought grow the most traded stocks at the Topix after the gaming company's operating favour though the July-September zone more than doubled, blowing past analyst estimates, at noise appeal though its Switch console.
Murata Manufacturing climbed 3.2% after the electronics component corporation raised its full-year operating favour forecast, citing a greater proportion of high-end products and fare reduction.
Sumitomo Corp dived 5.6% after the trading building lowered its full-year favour forecast and dividend forecast. (Reporting by Tomo Uetake; Editing by Himani Sarkar)
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