Home > Community > Financial Markets > Nikkei up 0.4 pct as Fast Retailing gains, Fed eyed

Nikkei up 0.4 pct as Fast Retailing gains, Fed eyed

Published: 03 Nov 2009 22:08:57 PST

TOKYO, Nov 4 - The Nikkei average rose 0.4 percent 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 added 41.36 points to 9,844.31, 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 was flat at 881.27.


Source: Reuters

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