AFP, Tokyo :
Tokyo stocks opened flat Thursday, the day after the Bank of Japan decided to hold fire on fresh stimulus measures despite sluggish growth and stagnant prices.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange inched down 0.07 points to 18,310.62 at the start.
The BoJ’s decision follows disappointing data that raised questions about the effectiveness of Prime Minister Shinzo Abe’s drive to kickstart the economy, which contracted in the second quarter of the year. On Wednesday the BoJ maintained its recent rhetoric on the state of the economy, saying it “has continued to recover moderately, although exports and production have been affected by the slowdown in emerging economies”.
Tokyo stocks opened flat Thursday, the day after the Bank of Japan decided to hold fire on fresh stimulus measures despite sluggish growth and stagnant prices.
The benchmark Nikkei 225 index at the Tokyo Stock Exchange inched down 0.07 points to 18,310.62 at the start.
The BoJ’s decision follows disappointing data that raised questions about the effectiveness of Prime Minister Shinzo Abe’s drive to kickstart the economy, which contracted in the second quarter of the year. On Wednesday the BoJ maintained its recent rhetoric on the state of the economy, saying it “has continued to recover moderately, although exports and production have been affected by the slowdown in emerging economies”.
