MSCI's gauge of the world's stock markets .MIWD00000PUS hit its highest levels in a year and a half, having risen 1.8 percent since the start of year, helped by this week's generally upbeat economic indicators in the U.S.
8 election, dropped 0.4 percent as the yen gained versus the dollar.
The dollar also slumped to a three-week low of 115.21 yen JPY=, having shed 1.6 percent on Thursday, its biggest fall in five months.
department stores have reignited fears that the sector may never recover its growth levels of the past, but some investors are holding out hope for a longer-term recovery.
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