Japan's Nikkei ends higher, Uniqlo clothing-owner Fast Retailing jumps [Financial Post (Toronto, Ontario, Canada)]
FAST RETAILING UNSP/ADR (FRCOY)
NASDAQ:AMEX Investor Relations:
fastretailing.com/eng/ir
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Source: Financial Post
Federal Reserve reiterated its stance to stay on an aggressive policy path. Best baking tools, according to “The Icing Artist,” Canada's YouTube cake decorating star Advertisement The Nikkei gained 0.53% to close at 26,571.87, recovering from a two-month low scaled in the previous session. The broader Topix rose 0.47% to 1,837.01. The market has been regaining momentum rapidly after a global sell-off in the wake of the Fed's policy tightening, said a market participant at a domestic brokerage. Uniqlo clothing owner Fast Retailing rose 0.88% and was the biggest boost for the Nikkei, followed by staffing agency Recruit Holdings, which jumped 2.67%. On the other hand, chip-making equipment maker Tokyo Electron and phone company KDDI Corp fell 0.85% and 1.25%, respectively, weighing on the index the most. But the move was directionless, with no characteristic gains in sectors, said a market participant at a local trust bank. Toy maker Konami Group rose 4.01% and was the best
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