Nikkei books biggest weekly gain in 3 months

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.

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.

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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.