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Nikkei edges up as exporters, techs gain

Wed Nov 11, 2009 7:07pm EST

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TOKYO, Nov 12 (Reuters) - Japan's Nikkei stock average edged up 0.5 percent on Thursday as exporters such as Canon Inc (7751.T) and tech shares gained after Wall Street rose on further confirmation the global economy is strengthening.

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Shares of convenience store FamilyMart Co (8028.T) opened up 2.4 percent after a source said Japan's third-largest convenience store operator is in talks to buy smaller rival am/pm Japan Co. [ID:nBNG460546]

The Nikkei business daily had reported earlier that FamilyMart and its top shareholder Itochu Corp (8001.T) would likely buy am/pm from its parent Rex Holdings Co for 10 billion yen ($110 million).

The benchmark Nikkei .N225 gained 52.18 points to 9,923.86, while the broader Topix rose 0.5 percent to 876.35. (Reporting by Elaine Lies)

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