(Updates with market close)
By Brigid Riley
TOKYO, Dec 5 (Reuters) - Japan's Nikkei share average
rose for a fourth consecutive day on Thursday as a record high
on Wall Street overnight buoyed investor sentiment, although
profit-taking capped gains.
The Nikkei closed up 0.3% at 39,395.60. The index
touched its highest intraday level since Nov. 12 at 39,632.3
before paring some gains.
The broader Topix finished about 0.1% higher at
2,742.24.
All three major U.S. stock indexes scored record closing
highs on Wednesday, led by technology shares, after upbeat
results from Salesforce ( CRM ) and comments by Federal Reserve
Chair Jerome Powell gave a late boost to the market.
Japanese tech shares tracked their U.S. peers higher, with
chip-testing equipment maker Advantest ( ADTTF ) rising 3.4%.
Electronics component manufacturer Fujikura ( FKURF ) climbed
3.1% amid expected demand for data centers.
AI-focused startup investor SoftBank Group was up
1.2%.
Staffing agency Recruit Holdings ( RCRRF ), up 3%, and Uniqlo
parent firm Fast Retailing ( FRCOF ), adding 0.3%, were among
other heavyweight shares to lift the Nikkei.
But the benchmark index struggled to push higher, with
around half of its 225 constituents in the red.
"There weren't many other factors to further drive the rise,
so we saw some selling to lock in profits when the Nikkei
reached the upper 39,000-point range" during morning trade, said
Masahiro Ichikawa, chief market strategist at Sumitomo Mitsui DS
Asset Management.
The yen strengthened during the session, recouping most of
yesterday's losses to the U.S. dollar.
Toyoaki Nakamura, known as one of the Bank of Japan's more
dovish board members, said on Thursday he was "not opposed to
rate hikes" but the decision to raise rates this month should be
data-dependent.
Investors were also positioning ahead of the closely watched
U.S. jobs report due on Friday.
The largest percentage losses on the index were Japan Steel
Works ( JPSWF ), down 5.4%, followed by pharmaceutical firm
Daiichi Sankyo ( DSKYF ), losing 3.6%.
Calculator maker Casio Computer ( CSIOF ) surged 4.6% to
become the top percentage performer.