Tokyo: Stocks open down with BoJ policy decision in focus
[TOKYO] Tokyo stocks slumped at the open on Friday as the yen rose sharply and markets focused on whether or not the Bank of Japan will unleash a fresh round of stimulus to kickstart sluggish growth.
The benchmark Nikkei 225 index fell 0.71 per cent, or 117.16 points, to open at 16,359.68, as investors brace for a volatile session with the BoJ due to wrap up its latest policy meeting later in the day.
The broader Topix index of all first-section shares fell 0.25 per cent, 3.31 points, to 1,303.69.
AFP
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Capital Markets & Currencies
Tokyo: Nikkei index tumbles 3% in morning trade
Singapore shares open higher on Friday; STI up 0.2%
Stocks to watch: CICT, Seatrium, Keppel DC Reit, UOB
Europe: Industrials boost Stoxx 600 as earnings season rolls in
US: Stocks end mostly lower after volatile session
US dollar rally stalls after rare FX warning from finance chiefs