Around the World's Markets: Tokyo

TOKYO'S KEY stock index managed modest gains on Tuesday, supported by strength on the Nasdaq and softness in the yen, but the broader market finished mixed as investors took profits in some telecom stocks.

The Nikkei firmed 86.76 points or 0.47 per cent to end at 18,593.96. The capital-weighted Topix index slipped 0.66 points or 0.04 per cent to 1,632.14. "Sentiment was pretty good ... but investors wanted to lock in profits on some shares that have been doing well," said one trader.