TOKYO, Aug 28 (Reuters) - Japanese shares posted modest
gains on Wednesday, led by buying in defensives such as
telecommunications and consumer-linked firms, though concerns
about Sino-U.S. relations kept a lid on gains.
The Nikkei share average .N225 rose 0.15% to 20,487.22,
drawing some support from higher Wall Street futures ESc1 but
still not far from seven-month lows of 20,111.76 touched earlier
this month.
The broader Topix .TOPX gained 0.11% to 1,491.31.
Financial markets have become weary of protracted trade
talks between the United States and China and growing
increasingly sceptical both sides will arrive at an amicable
trade deal in the near term.
Telecommunication firm NTT 9432.T jumped 2.6% while mobile
carriers KDDI 9433.T and NTT Docomo 9437.T gained 2.2% and
1.9%, respectively. Cosmetics maker Shiseido 4911.T rose 1.8%.
Topix Value .TOPXV rose 0.27% while growth shares .TOPXV
dipped 0.07%. Small cap shares were hit worst, with Topix Small
.TOPXS falling 0.42%.
Precision machinery sectors fared the worst, falling 0.83%.
Among them, Terumo 4543.T fell 1.75%.
On the main board, decliners outnumbered gainers by about
three to two.
(Editing by Jacqueline Wong)