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Japan's Nikkei share average rose to a one-week high on Wednesday on hopes the Ukraine crisis will not deepen, but a widely-anticipated market debut by Japan Display disappointed, with the shares dropping below their offer price.
The Nikkei ended 0.4% higher to 14,462.52, the highest closing point since March 13, moving further away from a six-week low of 14,203.21 hit on Monday.
Japan Display, the world's largest maker of smartphone screens, closed at 763 yen, 15% lower than its offer price of 900 yen. It was the third most-traded stock by turnover.
The broader Topix index dropped 0.1% to 1,164.33.
The JPX-Nikkei Index 400, a gauge comprising firms with high return on equity and strong corporate governance, was flat at 10,540.08.
