Nikkei posts 2nd straight weekly gain; Fed's decision awaited

Fri Sep 13, 2013 7:23am BST
TOKYO, Sept 13 (Reuters) - Japan's Nikkei share average
inched up 0.1 percent in choppy trade on Friday as many
investors awaited next week's U.S. Federal Reserve meeting.

The market posted a second-consecutive weekly gain, helped
by euphoria after Tokyo was selected to host the 2020 Summer
Olympics. For the week, the Nikkei climbed 3.9 percent.

The Nikkei erased a loss Friday to end at 14,404.67.
It is still down about 1 percent from a seven-week high of
14,561.46 hit earlier this week.

The Topix gained 0.1 percent to 1,185.28.
Traders said the market is focused on whether the Fed will
scale back its $85 billion monthly stimulus at its Sept. 17-18
meeting and by how much.

Morning All.

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