h on Friday after a European
Central Bank liquidity operation this week underpinned market
sentiment, but it failed to hold above 9,800 for a third day as
market players warned of a correction.
While investors continued to pick up real estate companies
and financials, they took profits in recent gainers like
automakers.
The benchmark Nikkei climbed 0.7 percent to
9,777.03, bringing its weekly gain to 1.3 percent. The index,
however, failed to top technical resistance near
9,838, a 61.8 percent retracement of its fall from February to
November last year.
(Reuters)
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