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Nikkei edges down as exporters lose ground

Wed Nov 4, 2009 7:12pm EST

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TOKYO, Nov 5 (Reuters) - Japan's Nikkei stock average slipped 0.6 percent on Thursday, with exporters such as Canon Inc (7751.T) losing ground after the Federal Reserve's pledge to keep rates low helped the yen advance against the dollar. Nissan Motor Co (7201.T) shares were untraded and awash with buy orders after Japan's third-biggest automaker revised its annual outlook to a profit from a loss on Wednesday as soaring sales in China helped drive quarterly earnings beyond market expectations. [ID:nT127974]

The benchmark Nikkei .N225 shed 54.69 points to 9,789.62, while the broader Topix lost 0.3 percent to 878.99. (Reporting by Elaine Lies)



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