Nikkei rises in choppy trade as Fast Retailing surges



Oct 14 Japan's Nikkei share average rose in choppy trade on Friday as index heavyweight Fast Retailing Co's strong gains offset negative sentiment from Wall Street's weakness overnight.
The Nikkei ended 0.5 percent higher after trading in negative territory earlier. The benchmark index was nearly flat for the week.
The broader Topix gained 0.4 percent to 1,347.19 and the JPX-Nikkei Index 400 added 0.3 percent to 12,046.36.
Fast Retailing jumped 5 percent after the owner of the Uniqlo casual-wear brand said it expected operating profit to jump 38 percent to a record high 175 billion yen... read more

 
14 October 2016 in World News, Views: 28
Source: Reuters
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