Asian Markets Update: Bargain Hunting Helps Shares Close Flat or Higher

TOKYO -- Asian stock markets ended Tuesday flat to solidly higher, as some investors went shopping for bargains following a heavy selloff Monday.

In Tokyo, the Nikkei 225 closed down 4.6 points, virtually unchanged at 14,660.0 and the Topix index, which includes all shares listed on the Tokyo Stock Exchange, fell 6.5, or 0.5%, to 1389.2.

TDK (TDK Quote) rose 170 yen, or 1.6%, to 11,170 ($103.72), but most Japanese technology shares were largely left out of the rebound. NEC (NIPNY Quote) dropped 70 yen, or 3.2%, to 2120 and Fujitsu (FJTSY Quote) fell 26 yen, or 1.3%, to 1909. ...