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Market Update

Nikkei Gains in Weak Asian Trade

Japanese stock markets bucked the regional trend with Asian markets trading mostly lower Thursday after weak cues from the U.S. overnight as the ongoing standoff over the budget kept investors on edge.

The Nikkei was up 0.8%, supported by a weak yen. The Shanghai Composite fell 0.9% while the Hang Seng was down 0.8%. The Sensex slipped 0.1% and the S&P/ASX All Ordinaries declined 0.2%.