Off the wire
• Finland's Tampere to host 2018 U-20 athletics worlds  • Dollar in upper 112 yen zone in early Tokyo deals  • Dortmund down Tottenham 3-0 in Europa League  • Spanish clubs prevail at Europa League  • China supports UN in pursuing zero-tolerance on UN peacekeepers' misconduct of sexual abuse  • UN condemns attack against peacekeepers in Darfur  • Zambia scraps meal allowances for students in public universities  • Roundup: U.S. stocks end narrowly mixed after ECB rate cut  • FARC calls for extension of deadline for peace agreement  • Roundup: Canadian stocks lower on European stimulus surprise  
You are here: 　 Home

Tokyo stocks open lower as ECB indicates no further rate cuts

Xinhua, March 11, 2016 Adjust font size:

Tokyo stocks opened lower on Friday after the European Central Bank rolling out new stimulus measures failed to buoy the mood, as the central bank indicated further rate cuts were not on the cards.

As of 9:15 a.m., the 225-issue Nikkei Stock Average dropped 251.03 points, or 1.49 percent, from Thursday to 16,601.32.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange, meanwhile, lost 16.74 points, or 1.24 percent, to 1,335.43.

All industry categories on the main section dropped into negative territory, with mining, machinery, and nonferrous metal-linked stocks comprising the market's early notable decliners. Endit