RTRS: Nikkei pares gains to 0.7 pct as Shanghai fall hits
TOKYO (Reuters) - Japan's Nikkei average hit a 10-month closing high on Friday but pared earlier gains as falls in Chinese stock markets led nervous investors to lock in profits even as evidence grew of an improving global economy.
Trend Micro (4704.T: Quote, Profile, Research, Stock Buzz) jumped after Nomura Securities hiked its rating on the maker of computer antivirus software to "buy" from "neutral", while Hitachi Construction Machinery (6305.T: Quote, Profile, Research, Stock Buzz) surged after Mitsubishi UFJ Securities raised its rating.
The benchmark Nikkei .N225 rose 0.8 percent or 80.14 points to 10,597.33, its highest close since October 5. It earlier rose as far as 10,630.38.
The broader Topix .TOPX rose 0.5 percent. (Reporting by Elaine Lies)
