2020-12-15 11:05:27 GMT2020-12-15 19:05:27(Beijing Time) Xinhua English
TOKYO, Dec. 15 (Xinhua) Tokyo stocks ended lower Tuesday on concerns over the economic fallout from the government s abrupt planned suspension of its subsidized travel campaign over the year-end holiday period amid a surge in COVID-19 cases.
The 225-issue Nikkei Stock Average lost 44.60 points, or 0.17 percent, from Monday to close the day at 26,687.84
The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, dropped 8.47 points, or 0.47 percent, to finish the day at 1,782.05.
Local brokers said that the previous day s decision by the government to suspend its subsidized travel program over the holidays in a bid to curb the surge in cases of the novel coronavirus took markets by surprise.
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Tokyo, Dec. 13 (Jiji Press) The Bank of Japan apparently became the largest stock investor in the country, a decade after starting purchases of exchange-traded funds as part of monetary easing, raising concerns about its influence on share prices.
The central bank began ETF purchases in December 2010 under Governor Masaaki Shirakawa, first aiming to buy 450 billion yen s worth of ETFs.
But the program has since expanded gradually and an upper limit on its annual purchases reached as much as 12 trillion yen in March.
The BOJ owned ETFs worth 35 trillion yen in book value as of the end of November, according to the central bank.
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