Home / Asia / Nikkei falls, yen rallies after BOJ keeps process steady

Nikkei falls, yen rallies after BOJ keeps process steady

Japanese shares sole off and a yen surged opposite a dollar Thursday after a Bank of Japan’s (BOJ) preference to keep financial process solid unhappy a territory of a marketplace betting on serve stimulus.

The benchmark Nikkei 225 sealed down 624.44 points, or 3.61 percent, during 16,666.05, compared with a 1.41 percent benefit before a decision. The Topix index finished down 43.75 points, or 3.16 percent, during 1,340.55.

The yen changed neatly higher, with a dollar/yen span dropping 2.97 percent to 108.14 as of 3:15 p.m. HK/SIN, compared with a 111 turn it traded during before a decision.

Australia’s ASX 200 sealed adult 37.69 points, or 0.73 percent, during 5,225.40, increased by advances in a appetite and materials sub-indexes. In South Korea, a Kospi fell 14.47 points, or 0.72 percent, during 2,000.93. In Hong Kong, a Hang Seng index traded prosaic as of 3:15 p.m. HK/SIN.

Chinese mainland markets retreated, with a Shanghai composite shutting down 7.46 points, or 0.25 percent during 2,946.20, while a Shenzhen composite forsaken 2.20 points, or 0.11 percent, to 1,874.30.

Article source: http://www.cnbc.com/2016/04/27/asia-stocks-to-focus-on-fed-hold-on-rates-boj-decision-oil-prices-earnings.html

InterNations.org