Chinese shares close mixed Friday

Chinese stocks closed mixed on Friday, with the benchmark Shanghai Composite Index up 0.39 percent to 4,162.88 points.

The Shenzhen Component Index closed 0.06 percent lower at 14,495.09 points.

The combined turnover of these two indices totaled nearly 2.49 trillion yuan (about 359.68 billion U.S. dollars), down from 2.54 trillion yuan on the previous trading day.

Stocks related to minor metals, lead and zinc led the gains, while papermaking and electronic chemicals shares were among the top laggards.

The ChiNext Index, tracking China's Nasdaq-style board of growth enterprises, lost 1.04 percent to close at 3,310.3 points.

The STAR Composite Index, which reflects the performance of stocks on China's sci-tech innovation board, closed 0.36 percent higher at 1,849.77 points on Friday.

Tokyo stocks rose Friday, with the benchmark Nikkei stock index ending at a fresh record high, buoyed by optimism over a settlement in the Middle East conflict.

The 225-issue Nikkei Stock Average ended up 1,654.93 points, or 2.68 percent, from Thursday at 63,339.07.

The broader Topix index, meanwhile, finished 38.65 points, or 1.00 percent, higher at 3,892.46.

"There was some optimistic trade around the latest U.S.-Iran talks, but this optimism seems to be based on the fact that things aren't getting drastically worse in the region rather than the situation improving significantly," Timothy Pope, a market analyst for China Global Television Network (CGTN), recapped the day's developments.

"This optimism was most strongly on display, I think, in Tokyo today, where the Nikkei rose 2.7 percent with hopes for some relief on oil prices and other currently scarce materials. It's not just oil that is not getting out of the region. As we know, it's other petrochemicals and things like helium as well. The general performance was pretty strong. Metals producers were doing fairly well in Tokyo, but in Japan as well, the market is very much focused on AI stocks. And today, the gains were strong for SoftBank -- it was up almost 12 percent after a bit of a battering earlier in the week. And that SoftBank gain contributed nearly a third to the Nikkei's overall gains on Friday," said Pope.