Nikkei falls as strong yen trend sours sentiment, ex-div adjustment adds to pressure
* Banks, insurance companies tumble
* Strong yen trend increases exporter earnings worries
By Ayai Tomisawa
TOKYO, Sept 28 Japan's Nikkei share average fell on Wednesday morning as a strong yen continued to sour sentiment, while ex-dividend share price adjustments pressured the market.
The Nikkei dropped 1.8 percent, or 295.32 points, to 16,388.61 at midmorning trade. About 115-120 points are cut from the Nikkei by the ex-dividend price adjustment, according to market participants.
With the dollar trading below 105 yen for about two months, investors are increasingly worried about Japanese... read more
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