Around the World's Markets: Tokyo

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STOCKS RECORDED modest gains, with the market's recovery capped by worries over the longer-term impact of the Brazilian devaluation.

The benchmark Nikkei 225 average closed 66.20 points or 0.48 per cent higher at 13,805.06.

Japan's three largest brokerages - Nomura, Daiwa and Nikko - reported disappointing third quarter profit figures after the market had closed.