TOKYO, Sept 27 (Reuters) - Japan's Nikkei share average
ended higher on Tuesday, led by heavyweight Fast Retailing, as
investors scooped up beaten-down shares following a global
sell-off as the U.S. Federal Reserve reiterated its stance to
stay on an aggressive policy path.
The Nikkei gained 0.53% to close at 26,571.87,
recovering from a two-month low scaled in the previous session.
The broader Topix rose 0.47% to 1,837.01.
The market has been regaining momentum rapidly after a global
sell-off in the wake of the Fed's policy tightening, said a
market participant at a domestic brokerage.
Uniqlo clothing owner Fast Retailing rose 0.88% and was the
biggest boost for the Nikkei, followed by staffing agency
Recruit Holdings, which jumped 2.67%.
On the other hand, chip-making equipment maker Tokyo
Electron and phone company KDDI Corp fell
0.85% and 1.25%, respectively, weighing on the index the most.
But the move was directionless, with no characteristic gains
in sectors, said a market participant at a local trust bank.
Toy maker Konami Group rose 4.01% and was the best
performer on the Nikkei, followed by plant builder Hitachi Zosen
Online shopping servcies provider Rakuten Group,
down 3.43%, was the worst performer on the Nikkei, followed by
drugmaker Shionogi & Co, losing 1.71% and shipper
Kawasaki Kisen Kaisha, which fell 1.55%.
(Reporting by Junko Fujita and the Tokyo markets team; Editing
by Rashmi Aich)