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Nikkei edges down, futures buying helps offset nuclear woes

Published 03/29/2011, 02:06 AM
Updated 03/29/2011, 02:08 AM
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TOKYO, March 29 (Reuters) - The Nikkei share average edged down on Tuesday, coming back from a sharp loss in early trade as futures buying offset growing worries about Japan's crippled nuclear plant and the impact of the earthquake and tsunami on corporate earnings, but analysts said such buying may not be strong enough to improve sentiment in the longer term.

The benchmark Nikkei was down 0.2 percent, or 19.45 points, at 9,459.08 after hitting an intraday low of 9,317.38 in morning trade. The broader Topix lost 0.9 percent to 850.21. (Reporting by Ayai Tomisawa; Editing by Joseph Radford)

Reuters Terminal users can see other related news and rates by double-clicking on: All Nikkei indices <0#.NIKKEI> All shares listed on The benchmark Nikkei ended the day up 1.1 percent or 101.12 points at 9,536.13, Nikkei-225 <0#.N225> N225 index TOPIX index Nikkei Japan 1000 TOPIX sector data Nikkei 300 index TOPIX futures data <0#JTI:> Osaka N225 data <0#JNI:> Chicago N225 data <0#NK:> Top 30 by volume Top 30 by value Total volume Total value 1st section sector RICs All TSE weighted avg Top 30 gainers by pct Top 30 losers by pct Top 30 net gainers Top 30 net losers

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