Tokyo Nikkei Close Higher After BoJ Decision

Tokyo key Nikkei index closed marginally higher on Tuesday, as some investors resumed buying after the Bank of Japan issued a closely watched policy decision in line with market expectations.

The Nikkei 225 index ended up 0.04 percent, or 8.88 points, at 22,553.72, while the broader Topix index closed down 0.84 percent, or 14.86 points, at 1,753.29.

Source : AFP

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Tokyo Stocks Open Lower Ahead of BoJ Decision

Tokyo stocks opened lower on Tuesday in cautious trade as investors waited for the Bank of Japan’s policy decision later in the day.

The benchmark Nikkei 225 index was down 0.40 percent, or 90.66 points, at 22,454.18 in early trade, while the broader Topix index slipped 0.36 percent, or 6.44 points, to 1,761.71.

Source : AFP

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Nikkei rises after ECB’s decision; chip-related shares tumble

Japan’s Nikkei share average rose on Friday morning after the European Central Bank announced it would avoid raising rates until mid-2019, but chip-related stocks tumbled after a brokerage slashed the target price of Tokyo Electron.

The market was on mid-day break when the outcome of a Bank of Japan meeting was announced. As widely expected, the BOJ kept its short-term interest rate target at minus 0.1 percent and a pledge to guide 10-year government bond yields around zero percent.

The Nikkei gained 0.4 percent to 22,827.77 at the break. The broader Topix rose 0.3 percent to 1,788.49.

The ECB announced it would end its bond-purchase programme at year-end but signalled that any interest rate hike was still distant.

Source: Reuters

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