TOKYO, Feb 18 (Reuters) - Japan's Nikkei inched up on Thursday, led by a sharp jump in Uniqlo-operator Fast Retailing, but gains were capped as investors weighed the sustainability of the benchmark's recent rally above 30,000.
The Nikkei share average .N225 edged up 0.15% to 30,336.69 by 0214 GMT, while the broader Topix .TOPX fell 0.58% to 1950.12. On Monday, Nikkei reclaimed the 30,000 level for the first time since 1990 on rising expectations for a rebound in the economy.
"Investors want to evaluate whether Nikkei's rally to the psychologically important 30,000 mark reflects the real market or not," said Soichiro Matsumoto, chief investment officer Japan at Credit Suisse (SIX: CSGN ) Private Banking.
"They are trying to see if the market maintains the momentum toward the end of the fiscal year in March and beyond."
Apparel maker Fast Retailing 9983.T , up over 4%, was the top gainer on Thursday, contributing to a rise of 152 points, or 0.5% of the index.
There were 55 advancers on the Nikkei index against 167 decliners.
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