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Nikkei flat before Fed, Fast Retailing climbs

Published: 03 Nov 2009 18:16:25 PST

TOKYO, Nov 4 - The Nikkei average was flat on Wednesday, with Fast Retailing climbing on a surge in sales at its Uniqlo clothing stores but some exporters losing ground due to caution before a Federal Reserve statement on interest rates and the economy.

The benchmark Nikkei inched down 6.67 points to 9,796.28, after sliding 2.3 percent on Monday to hit a three-week closing low. Japanese markets were closed on Tuesday for a national holiday.

The broader Topix dipped 0.2 percent to 878.87.


Source: Reuters

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