REFILE-Nikkei snaps 5-day winning streak as geopolitical tension saps risk appetite
(Adding full attribution of the analyst in the 6th paragraph)
* Foreigners avoid holding positions before holidays - traders
* Sharp soars on hopes its lenders may forgive loans
By Ayai Tomisawa
TOKYO, Nov 25 (Reuters) - Japan's Nikkei share average fell on Wednesday morning, breaking a five-day winning streak as geopolitical tensions triggered profit-taking and a stronger yen hit sentiment, dragging down exporters and financials.
Global investors did not want to hold positions before the Thanksgiving holidays, traders said, noting that heightened geopolitical tensions dominated the mood after Turkey downed a Russian warplane.
Turkey shot down the aircraft near the Syrian border on Tuesday, saying the Russian fighter jet had violated its air space, in one of the most serious publicly acknowledged clashes between a NATO member country and Russia for half a century.
The Nikkei dropped 0.5 percent to 19,822.71 in midmorning trade, after rising for five straight days.
Traders say that Japanese stocks suffered limited direct impact from such global events as the Paris attacks early this month and the Russia-Turkey tensions, but since the majority of participants in the Japanese equities market are foreign investors, Japanese stocks are prone to their risk-averse sentiment. Continuación...