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Tokyo shares mixed to close amid eurozone fears

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Japanese stocks ended mixed Friday as a smooth Spanish bond auction and better-than-expected jobs data in the United States were tempered by ongoing eurozone fears. The Nikkei index at the Tokyo Stock Exchange closed 0.29 per cent or 24.35 points higher to close at 8,401.72. The Topix index of all first section shares dipped 0.20 per cent or 1.46 points to 723.56. "It's hard to trade," Yoshihiro Okumura, general manager at Chibagin Asset Management, told Dow Jones Newswires. "Since concerns continue over European sovereign debt problems for the mid- to long-term, the market can't be risk-on even if the US economic indicators are strong." Despite the swirling eurozone debt crisis, Spain enjoyed a bumper bond sale on Thursday, raising nearly twice the amount targeted as it snatched the chance to lock in competitive borrowing rates. (AsiaOne)

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