Nikkei slightly up on futures-led buying

<p>Japan’s Nikkei share average edged up today driven by futures-led buying.</p>

Japan's Nikkei share average edged up today (August 27th) after stocks came under moderate selling pressure.

The Nikkei managed to pop up into positive territory in afternoon trading driven by futures-led buying, brokers quoted by the Japan Times said.

Masayuki Otani, chief market analyst at Securities Japan Inc., told the news source: "One of the main reasons why the Nikkei can’t test its upside is lingering concerns over the Ukrainian crisis. Foreign investors will step up purchases on signs that sanctions on Russia will be lifted."

The index closed up 0.1 per cent at 15,534.82, after falling 0.6 per cent on the previous day.

The broader Topix also added about 0.1 per cent at 1,285.92, while the JPX-Nikkei Index 400 ended flat.

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