Japan’s Nikkei posts sharpest weekly gain in nearly two years

Japan's Nikkei share index recorded its biggest weekly gain in nearly two years on Friday, despite trimming Friday’s early gains as worries grew that talks to end the Iran war would be difficult.

- 

The index has hit consecutive record highs this week and recorded its seventh straight session of gains on Friday, as optimism for AI-related shares grew.

It posted a 7.9 per cent rise for the week, its sharpest weekly gain since August 2024.

On the day, the Nikkei closed 0.98 per cent higher at 71,250.06, after spiking 1.3 per cent to a record of 71,952.99.