Japan's Nikkei share average ended lower in range-bound trade on Wednesday ahead of a key U.S. inflation report, but losses were limited as investors bought value shares that can withstand higher rates.
The Nikkei fell 0.21% to close at 32,706.52 after rising as much as 0.3% earlier in the session. The broader Topix declined 0.5% to 2,378.64.
"The market had little direction today, in part as investors awaited U.S. inflation data," said Hideyuki Suzuki, general manager of investment research at SBI Securities.
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