Nikkei stumbles to 1-month low after BOJ survey chills mood
* More voices on failure of Abenomics may be expected - analyst
* Long-short funds sell futures after yen rises further - trader
* Nikkei volatility index highest in 2-1/2 weeks
By Ayai Tomisawa
TOKYO, April 1 (Reuters) - Japan's Nikkei share average dropped on Friday morning to a one-month low after the central bank's quarterly corporate survey sapped risk appetite, dragging down stocks across the board.
Further weakening of the dollar against the yen hurt already sour sentiment, with overseas hedge funds such as long-short funds selling futures, according to traders.
The Nikkei stumbled 2.9 percent to 16,271.76 in midmorning trade, after hitting as low as 16,262.68 earlier, the lowest since March 1.
The Nikkei volatility index soared 18 percent to 26.86, the highest since March 15.
The Bank Of Japan's "tankan" survey of business confidence, published earlier on Friday, showed large manufacturers' business sentiment deteriorated to its lowest level in nearly three years and was expected to worsen in the coming quarter. Continuación...