REFILE-Nikkei profit-takers sell financials; worries on strong yen

jueves 22 de septiembre de 2016 23:29 GYT

(Removes redundant word in headline)

* Nikkei has fallen 0.2 pct for the week

* Nikkei trades above 25-day moving average, next target 200-day moving average

By Ayai Tomisawa

TOKYO, Sept 23 (Reuters) - Japan's Nikkei share average edged down on Friday morning as investors took profits on financial stocks that had soared in the previous session, and worries about a stronger yen kept the market on edge.

The share market re-opened after a national holiday in Japan on Thursday, when the dollar tumbled to a nearly four-week low of 100.10 yen in reaction to the U.S. Federal Reserve paring its longer-term expectations for interest rate increases.

During Asian trade on Friday, the dollar was up 0.4 percent at 101.13 yen but still poised to shed 1.1 percent for the week.

The Nikkei fell 0.2 percent to 16,777.09 in midmorning trade after soaring 1.9 percent on Wednesday as investors took heart from the Bank of Japan's decision to overhaul its monetary policy.

The Nikkei trades above its 25-day moving average of 16,716.97, and whether the benchmark index will rise above the 200-day moving average is focused, traders say.   Continuación...