TOKYO (April 3): Japan's Nikkei share average rallied on Friday, trimming its losses for the week, following global efforts to restorePersian Gulf oil shipments interrupted by the war in Iran. Artificial intelligence (AI)-related stocks led the Nikkei higher, with the gauge rising 1.26% to close at 53,123.49, ending the week down 0.47%. Overnight, dozens of countries sought ways to restart vital energy shipments through the Strait of Hormuz after US President Donald Trump vowed more aggressive attacks on Iran. Japan's economy remains exposed to spikes in crude oil prices due to its reliance on imported energy. The largest losers on the Nikkei were home furnishings retailer Nitori Holdings, which fell 5.1%, followed by Chugai Pharmaceutical, which lost 4.6%.

Source: The Edge Markets April 03, 2026 08:48 UTC