(Rewrites paragraph 1, adds comments, updates with closing
prices)
TOKYO, June 6 (Reuters) - Japan's Nikkei share average
rose on Friday, as a weaker yen lifted sentiment, while concerns
about trade tensions eased following a phone call between U.S.
President Donald Trump and Chinese President Xi Jinping.
The Nikkei rose 0.5% to 37,741.61 but fell 1% for
the week. The broader Topix climbed 0.47% to 2,769.33
while posting a 1.6% weekly loss.
"The trade talks seemed to have ended peacefully and that
sent a positive sign to the market," said Naoki Fujiwara, senior
fund manager at Shinkin Asset Management.
On Thursday, Trump held a long-awaited phone call with Xi
Jinping, in an effort to resolve trade disputes between the
world's two largest economies that have buffeted the global
economy, and agreed to hold further discussions.
But caution ahead of the U.S. non-farm payrolls report, due
later in the day, capped gains, Fujiwara said.
The Nikkei got technical support ahead of the fixing of
special quotation prices, used to set values on index options
and futures, next week, said Seiichi Suzuki, chief equity market
analyst at Tokai Tokyo Intelligence Laboratory.
"Foreigners, who shorted the Nikkei futures, bought them
back ahead of the fixing day, which also lifted the Nikkei
index."
The yen, which last traded down 0.3% at 144 per dollar, also
supported local equities, Shigetoshi Kamada, general manager at
the research department of Tachibana Securities, said.
Chip-related heavyweights Tokyo Electron ( TOELF ) and
Advantest ( ADTTF ) rose 1.28% and 2.23%, respectively.
Automakers gained, with Honda Motor ( HMC ) and Nissan
Motor ( NSANF ) adding 1.3% and 1.27%, respectively, while Toyota
Motor ( TM ) moved 0.06% higher.
Panasonic Holdings ( PCRFF ), which supplies batteries for
Tesla, lost 2.37% after Tesla shares plunged 14.3%.
ispace tanked 29% to 744 yen, hitting the day's
exchange-allowed floor, after the space venture said that its
uncrewed moon lander likely crashed onto the lunar surface
during its touchdown attempt.