Nikkei ends flat as profit-taking offsets Fed optimism

Earlier in the day, it had hit a one-week high

Japan's Nikkei share average ended flat in choppy trade on Thursday as profit-taking from the previous day's large gains offset optimism that the US Federal Reserve will keep interest rates low for an extended period.

The Nikkei share average ended flat at 14,417.53 after a volatile session that saw the index move between positive and negative territories. Earlier in the day, it hit a one-week high of 14,500.66.

The broader Topix and the new JPX-Nikkei Index 400 also ended flat at 1,166.59 and 10,614.69, respectively.