Japan's Nikkei fell on Wednesday morning in choppy trade, with index component Dainippon Sumitomo Pharma plunging after a clinical trial for a new drug failed to complete, offsetting optimism over a spurt in Apple’s shares.
The Nikkei share average declined 0.5 percent to 20,555.13 at the midday break, after opening a tad higher. Though sentiment is weak, the index has managed to stay above its 25-day moving average of 20,325. The broader Topix dropped 0.3 percent to 1,552.08.
Source : Reuters