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Home / International Markets / Tokyo stocks start 0.37% weaker, Nikkei 225 sinks 65.36pts
Tokyo stocks start 0.37% weaker, Nikkei 225 sinks 65.36pts

Tokyo stocks start 0.37% weaker, Nikkei 225 sinks 65.36pts

TOKYO: After the European Central Bank ‘s verdict not to enlarge its stimulus for unsatisfied markets, Tokyo stocks started lower 0.37 pc on Friday.
The Nikkei 225 index at the Tokyo Stock Exchange, which closed at a fresh seven-year high on Thursday, fell 65.36 points to 17,821.85 at the start.
“We can expect 50-100 point falls” in the key index after the ECB stopped short of expanding its stimulus at a monthly policy meeting, said Mitsushige Akino, chief fund manager at Ichiyoshi Investment Management.
Stimulus efforts by major central banks tend to support asset prices globally