Japanese stocks rose nearly 3 percent Friday, ending a three-day losing streak as investors picked up shares in a broad range of sectors amid hopes that Group of Seven financial officials will take steps to counter global economic jitters.

The benchmark Nikkei 225 stock index rose 378.43 points, or 2.92 percent, to 13,323.73 on the Tokyo Stock Exchange. The index fell 1.27 percent Thursday after falling 1.5 percent on Tuesday and 1.05 percent on Wednesday.

Market analysts say that investor sentiment toward the outcome of the G-7 meeting is mixed with concerns about earnings reports from U.S. banks next week also looming large. They noted that if G-7 leaders don’t take drastic measures at the meeting, the impact of earnings from banks such as Citigroup will be magnified.

“Investors are watching not only the earnings of U.S. financial institutions, they are also worried about U.S. high-tech firms like Intel,” said Yumi Nishimura, market analyst at Daiwa Securities SMBC.

Among Friday’s notable gainers, shares in Fuji Heavy Industries rose 11 percent. The automaker’s stock got a boost after Toyota Motor said that it would boost its stake in the company to 16.5 percent from 8.7 percent.

Fast Retailing, known for its casual clothing chain Uniqlo, climbed 5.2 percent to 10,100 yen after the company said Thursday it expects its group net profit to jump 29 percent this fiscal year.

Exporters fared well on a weakening yen. Toyota rose 2.5 percent to 4,950 yen, while Sony added 2.4 percent to 4,240.

The wider Topix index rose 30.55 points, or 2.45 percent, to 1,278.62. It fell 1.17 percent Thursday.

In currencies, the dollar was trading at 102.04 yen midafternoon in Tokyo up from 101.89 late afternoon in New York Thursday. The euro rose to $1.5774 from $1.5741.