Nikkei up to record weekly gain

<p>The Nikkei was up for the week overall.</p>

The Nikkei recorded a weekly gain after it rose slightly during today's session (September 13th).

A choppy trading period led to the index increasing in value by just one per cent, reports Reuters.

But this was still enough for the Nikkei to be able to post a 3.9 per cent increase over the course of the week, with investors flocking to the index after it was announced Tokyo has beaten competition from Istanbul and Madrid to host the 2020 Olympic Games.

The Nikkei ended the week at 14,404.67, which is one per cent down from the seven-week high recorded earlier in the week, but still leaves the index in a strong position.

September has been a good month for the Nikkei so far and it has only fallen on a couple of days so far this month.

Yesterday's trading session saw the Nikkei slip back by 0.3 per cent after another choppy period.

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