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Thursday 12 August 1999 23:02 BST

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TOKYO

JAPANESE stocks closed firmer in sparse trade, marking a fourth straight day of advances as the dollar's stability against the yen encouraged market players to pick up hi-tech blue chips. The Nikkei 225 ended up 211.81 points,or 1.23 per cent, at 17,422.97.

Overnight gains in New York, especially a rebound of more than 3 per cent on the Nasdaq, also lent support. Hi-tech and electronics shares gained; Sony rose 1.8 per cent, Fujitsu 2.5 per cent and Hitachi 3.5 per cent.

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