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Japan indexes nearly flat after three-session drop
8 Feb 2010 at 6:37pm

TOKYO (MarketWatch) -- Japanese stocks traded near the previous day's levels Tuesday morning in Tokyo, weighed down by weakness on Wall Street, but shares Sumitomo Mitsui Financial Group Inc. [s:smfnf] climbed 2.4% after it posted a hefty rise in its net income for the April-December period. The Nikkei 225 fell 0.1% to 9,942.25 while the Topix lost less than 0.1% to 882.54. Among the larger decliners, JVC Kenwood Holdings Inc. dropped 8.3% and has been on a downturn since it announced in January that it would postpone the release of third-quarter results. Elsewhere, South Korea's Kospi added 0.3% while Australia's S&P/ASX 200 was 0.7% lower.

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