Japan’s Nikkei surrenders early gains as investors lock in profits

TOKYO, Nov 27 (Reuters) – Japan’s Nikkei share average gave up early gains to trade lower on Monday as investors sold stocks to lock profits in a directionless trade after a U.S. holiday shortened-session over the weekend. The Nikkei index was down 0.43% at 33,479.71 by the midday break after opening higher and rising as much 0.6%. The broader Topix had fallen 0.39% to 2,381.63. “The market opened higher but reversed course because investors tried to book their profits,” said Shoichi Arisawa, general manager of the investment research department at IwaiCosmo Securities. “The market showed no clear direction as trading seemed to be thin after the U.S. holiday and also there were almost no market moving cues. But weak U.S.…