Nikkei falls as investors cautious before big events this week

domingo 29 de noviembre de 2015 22:22 GYT

* Investors refrain from taking positions before events - traders

* China PMI eyed on Tuesday

* Toshiba outperforms after releasing bullish outlook on Westinghouse

By Ayai Tomisawa

TOKYO, Nov 30 (Reuters) - Japan's Nikkei share average fell on Monday morning as investors awaited key global policy and data events this week, while Japan's industrial production data failed to support sentiment.

The Nikkei fell 0.2 percent to 19,842.56 in midmorning trade.

Japan's industrial output rose 1.4 percent in October from the previous month, up for a second straight month but slightly short of economists' median estimate for a 1.9 percent increase.

"The data isn't that bad but it's slightly negative to sentiment as it missed the expectation," said Chihiro Ohta, general manager of investment research and investor services at SMBC Nikko Securities. "The market's direction in the early week will likely depend on China's PMI."

China's official manufacturing Purchasing Managers' Index (PMI) numbers will be released on Tuesday along with the official services PMI.   Continuación...