Broader Asian stocks recovered from earlier losses in the session, but were still headed for a muted week amid little relief from uncertainty over the Iran war

Most Asian stocks rose on Friday amid concerns over a prolonged war in the Middle East kept markets under pressure.

South Korean stocks recovered from a 3% decline earlier in the session, but were still headed for a deep weekly loss on an extended rout in major chip shares.

KOSPI recouped a bulk of its intraday losses, trading down 0.5% after initially dropping as much as 3%.

But the index was still headed for a 6% loss this week and was the worst performer in Asia.

Memory chip makers Samsung Electronics Co Ltd and SK Hynix Inc steadied after dropping more than 4% apiece earlier in the day, and were still set to lose between 7% and 10% this week.

Broader Asian stocks recovered from earlier losses in the session, but were still headed for a muted week amid little relief from uncertainty over the Iran war.

Nikkei 225 and TOPIX indexes traded flat towards the end of trade, and were set for mild weekly gains.

Shanghai Shenzhen CSI 300 and Shanghai Composite indexes gained 0.7% apiece, and were down about 1.7% and 1.5%, respectively, for the week. Hang Seng rose 0.2% and was down 1.4% this week.

ASX 200 declined 0.1% but was sitting on mild weekly gains, especially as energy stocks benefited from rising oil prices. Straits Times index advanced 0.7% on Friday and was flat for the week.

Nifty 50 index slipped 1.4% in catch-up trade after a holiday on Thursday, with the index also headed for a flat week.

Asian markets logged wild swings this week amid a swathe of conflicting signals on the U.S.-Israel war on Iran.