Nikkei up as high techs rise, financials fragile
(Updates to midsession)
TOKYO, Feb 12 (Reuters) - Japan's benchmark Nikkei share average edged up in seesaw trade on Tuesday, as TDK Corp (6762.T: Quote, Profile, Research, Stock Buzz) and other high-tech shares overcame downward pressure from financial shares that were sold on U.S. credit fears. Yahoo Japan firmed, rising 1.1 percent after Yahoo Inc (YHOO.O: Quote, Profile, Research, Stock Buzz) rejected Microsoft Corp's (MSFT.O: Quote, Profile, Research, Stock Buzz) takeover bid as too low, raising the possibility of a higher offer. [ID:nN11617754]
The benchmark Nikkei .N225 was up 15.01 points or 0.1 percent at 13,032.25 at midsession after moving in a tight band of just over 100 points. The broader TOPIX was down 0.2 percent at 1,284.54, a loss of 2.6 points. (Reporting by Elaine Lies)
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