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Nikkei rises 0.4 pct in choppy trade, exporters up

Wed Nov 25, 2009 11:38am IST
 
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TOKYO, Nov 25 (Reuters) - Japan's Nikkei average rose 0.4 percent in choppy trade on Wednesday as shares of exporters such as Sony Corp (6758.T: Quote, Profile, Research) recouped ground after sharp declines.

But Daikyo Inc (8840.T: Quote, Profile, Research) and shares of other apartment developers as well as some creditors sank after unlisted Anabuki Construction went under in Japan's fifth-biggest corporate failure this year.

The benchmark Nikkei .N225 gained 40.06 points to 9,441.64 after earlier falling as low as 9,366.33, its lowest level since mid-July.

The broader Topix .TOPX added 0.5 percent to 833.29. (Reporting by Aiko Hayashi) ((aiko.hayashi@thomsonreuters.com; Reuters Messaging: aiko.hayashi.reuters.com@reuters.net; +81 3 6441 1802)) ((If you have a query or comment on this story send an email to news.feedback.asia@thomsonreuters.com)) ((Multimedia versions of Reuters Top News are now available for: * 3000 Xtra : visit topnews.session.rservices.com * BridgeStation: view story .134 * Reuters Plus: from your WebDSS screen For more information on Top News, visit topnews.reuters.com))

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