Nikkei rises as company earnings not as bad as feared

Wed Oct 31, 2012 2:07am EDT

TOKYO, Oct 31 (Reuters) - Japan's Nikkei share average
advanced on Wednesday as investors took comfort that some firms,
such as Hitachi Ltd and Komatsu Ltd, did not
cut their full-year earnings guidance as feared.
    The Nikkei rose 1 percent to 8,928.29, and was up
0.7 percent this month, its third straight monthly gain.
    The broader Topix index climbed 1.2 percent to
742.33.
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