Nikkei edges up 0.6 pct, eyes on election, China
TOKYO |
TOKYO Aug 28 (Reuters) - Japan's Nikkei stock average edged up 0.6 percent on Friday in lacklustre trade, stalled between investor reluctance to buy in the face of weak Shanghai shares and wariness of selling before Japan's election on Sunday. An eight-day rising streak for the Dow had earlier bolstered sentiment, and big gainers in Tokyo included Casio Computer Co (6952.T) which surged after sources said it, NEC Corp (6701.T) and Hitachi Ltd (6501.T) were in talks to merge their struggling cellphone operations. [ID:nT282793] [ID:nTFD006332] The benchmark Nikkei .N225 gained 60.17 points to 10,534.14, while the broader Topix .TOPX rose 0.5 percent to 969.31. (Reporting by Elaine Lies)
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