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Tokyo stocks plunge over BOJ's decision to maintain monetary policy

Xinhua, April 28, 2016 Adjust font size:

Tokyo stocks closed over 3 percent lower on Thursday after the Bank of Japan decided to maintain its monetary policy despite market expectations of additional easing.

The 225-issue Nikkei Stock Average ended down 624.44 points, or 3.61 percent, from Wednesday at 16,666.05.

The broader Topix index of all First Section issues on the Tokyo Stock Exchange finished 43.75 points, or 3.16 percent, lower at 1,340.55.

Decliners at the close of play comprised stocks in almost every industry category on the main section, led by securities, banking and marine transportation issues.

The day's turnover was about 3,186.8 billion yen (around 29.17 billion dollars). Endit