Nikkei rises as yen pauses; BOJ's ETF buying supports mood

martes 23 de agosto de 2016 22:47 GYT

* BOJ buys ETFs on Monday and Tuesday

* BOJ's ETF buying supports market but limits gains - analyst

* Automakers outperform market

* Shimamura tumbles on weak monthly sales

By Ayai Tomisawa

TOKYO, Aug 24 (Reuters) - Japan's Nikkei share average rose on Wednesday with a pause in the strong-yen trend lifting cyclical stocks, while hopes that the Bank of Japan would buy more exchange traded funds continued to support sentiment.

The Nikkei rose 0.5 percent to 16,578.75 in midmorning trade.

Exporters were steady, with Toyota Motor Corp adding 1.7 percent and Nissan Motor Co gaining 1.9 percent.

Financials were also in demand, with Nomura Holdings rising 1.5 percent, Daiwa Securities advancing 1.3 percent and Mizuho Financial Group adding 0.9 percent.   Continuación...