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Nikkei edges down on Asian market weakness, China data

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(GlobalPost/GlobalPost)

TOKYO (Reuters) - The Nikkei average edged down in choppy trade on Wednesday, as appetites were hit by weakness in Asian shares and worries about the tepid Chinese economy after a survey showed its services sector grew at the slowest pace in nine months in June.

The benchmark Nikkei <.N225>, which had risen the four previous sessions, changed gears and dropped 0.3 percent to 14,055.56 after touching a five-week high of 14,164.77. The Topix <.TOPX> gained 0.2 percent to 1,173.81.

(Reporting by Ayai Tomisawa; Editing by Richard Borsuk)

http://www.globalpost.com/dispatch/news/thomson-reuters/130703/nikkei-seesaws-after-recent-sharp-rally-weak-yen-supports