CORRECTED-Nikkei drops as investors remain risk-averse before key indicators

domingo 27 de septiembre de 2015 23:19 GYT
 

(Corrects issue dates of economic indicators in the fifth paragraph)

* Stocks going ex-dividend, weighing some 110 points on Nikkei

* Thin trading expected before key data - analysts

* Drug makers underperform on Clinton's comments to put cap on prices - analyst

By Ayai Tomisawa

TOKYO, Sept 28 (Reuters) - Japan's Nikkei share average fell on Monday morning as investors took profits from Friday's gains, and they remained risk-averse before a run of key economic indicators scheduled this week.

Also denting the market was stocks going ex-dividend. For companies that close their books for their first half on Sept 30, Friday was the final day that an investor could buy their stock and qualify for mid-year dividends.

Stocks usually fall after going ex-dividend, and the Nikkei index was expected to drop about 110 points Monday for this reason alone, but ended up falling further.

The Nikkei dropped 1.0 percent, or 173.87 points, to 17,706.64 in mid-morning trade after jumping 1.8 percent on Friday.   Continuación...