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Asia Markets Close Largely Up on Line Tokyo Debut

Shares of messaging app Line (LN) soared close to 50% on Friday as it made its debut on the Tokyo Stock exchange.

This led to a positive end to the week for Asian markets. In Tokyo, the Nikkei 225 gained 0.68% to close at 16,947.85 and the Topix was up 0.45% on Thursday's close to end the day at 1,317.10.

Line's shares surged 48% to open at ¥4,900 ($46.32) a share after being priced at ¥3,300.

On Thursday, the dual-listed...