1st LD: Tokyo stocks plunge 2.69 pct as BOJ stays pat
Xinhua, April 30, 2015 Adjust font size:
Tokyo stocks plunged 2.69 percent on Thursday as the Bank of Japan decided not to step up its monetary easing, compounding dampened investor sentiment from weak U.S. gross domestic product data.
The 225-issue Nikkei Stock Average was down 538.94 points, from Tuesday at 19,520.01, its biggest one-day loss since Feb. 4, 2014. Tokyo markets were closed Wednesday for a holiday.
The broader Topix index of all First Section issues on the Tokyo Stock Exchange dived 34.64 points, or 2.13 percent, to 1,592. 79.
The decline was led by information and communication, precision instruments and foods, while only shipping and mining gained ground.
The turnover was 3,472.7 billion yen (about 29.20 billion U.S. dollars). Endi