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Japan's Nikkei slips as shares go ex-dividend; Sony Financial surges in debut
The Economic Times·2025-09-29 07:39

The Nikkei 225 In a closely watched market debut, Sony Financial jumped 16% after being spun off from Sony Group, whose Monday marked the ex-dividend date for many Japanese firms, meaning new shareholders won't receive upcoming dividend payouts. That, along with a strengthening yen and recent market highs, created headwinds for equities, Nomura strategist Maki Sawada said. "The Nikkei average surged sharply in September, so we might be seeing a pause in that rally," Sawada said.Live Events There were 26 ...