(Updates at 0600 GMT)

TOKYO, June 21 (Reuters) - Japan's Nikkei share average

closed slightly lower on Friday as losses in technology shares

overshadowed gains in value stocks amid a weak yen and higher

yields.

The Nikkei slipped 0.09% to 38,596.47 after three

straight sessions of gains. However, it fell 0.49% for the week.

"Investors sold stocks that had been rising, such as

SoftBank Group and some chip stocks, and bought back value

stocks with higher dividend payouts," said Ryotaro Sawada,

senior analyst at Tokai Tokyo Intelligence Laboratory.

The dollar pushed to a fresh eight-week top above 159 yen

and clung close to a five-week peak to sterling, with the

Federal Reserve's patient approach to cutting interest rates

contrasting with more dovish stances elsewhere.

Japan's 10-year government bond yield rose to

a more than one-week high of 0.98% in early trade.

Chip-related shares tracked market bellwether Nvidia ( NVDA )

lower. The S&P 500 and Nasdaq fell on Thursday.

Chip-testing equipment maker Advantest ( ADTTF ) lost 0.87%,

while chip-making equipment maker Tokyo Electron ( TOELF )

recovered from early losses to close 0.09% higher.

Technology investor SoftBank Group fell 3.14% to

drag the Nikkei the most.

Value shares rose, with the shipping sector

gaining 1.21% to become the top performer among the Tokyo Stock

Exchange's 33 industry sub-indexes.

The insurance sector rose 1.17%, with Tokio

Marine Holdings ( TKOMF ) gaining 1.79%. Railway operators

climbed 0.71%.

Heavy machinery maker IHI jumped 6.94% to become

the top percentage gainer on the Nikkei.

The broader Topix closed down 0.03%, declining 0.8%

for the week.

Of the more than 1,600 stocks traded on the TSE's prime

market, 672 shares rose and 919 fell with 55 being flat.