Nikkei books biggest weekly gain in 3 months | business | Hindustan Times
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Nikkei books biggest weekly gain in 3 months

business Updated: Jun 18, 2010 13:50 IST

Reuters
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Japan's Nikkei average closed flat on Friday but posted a gain of 3 per cent on the week, its biggest weekly rise in three months, with foreign investors starting to tiptoe back into the market.

The benchmark average, which stayed within a sight of a one-month high hit earlier in the week, moved in and out of negative territory throughout the day, with support holding near 9,800, its 25-day moving average.

The benchmark Nikkei fell 4.38 points to 9,995.02, while the broader Topix slipped 0.3 per cent to 884.64.