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Tokyo: Nikkei edges up as sentiment calmed by bounce in China stocks
[TOKYO] Japanese stocks edged up on Tuesday, erasing earlier losses as risk appetite improved following a rebound on China's benchmark Shanghai Composite Index after Beijing's latest easing steps.
The Nikkei share average ended 0.4 per cent higher at 16,085.51 after recovering from a 1.1 per cent decline earlier in the session.
Sentiment remained fragile due to the relative strength of the yen, while a survey showing weak manufacturing activity in China underlined global anxiety over the world's second-largest economy.
The broader Topix edged up 0.2 per cent to 1,300.83 and the JPX-Nikkei Index 400 rose 0.3 per cent to 11,785.33.