Japan's Nikkei share average ended nearly 3% higher on Friday, as investors scooped up stocks after U.S. President Donald Trump touted a possible peace deal with Iran.
The Nikkei closed up 2.81% at 66,020.04 after rising as much as 4.4% earlier in the session. In a volatile week, the index was down 0.85% for the week, snapping a three-week winning streak. The broader Topix gained 1.35% to 3,881.96. Trump on Thursday said the U.S. and Iran could sign a peace deal as soon as this weekend that would reopen the Strait of Hormuz to shipping, but Iran countered that it had not reached a final decision on an agreement.
