Inside Financial Markets

Japan’s Nikkei slips but off day’s low

Nikkei stock exchange

Japan’s Nikkei slips but off day’s low

12-Jun-2013 11:08

TOKYO, June 12 (Reuters) – The Nikkei average slipped 0.2 percent on Wednesday, extending the previous session’s decline on disappointment that the Bank of Japan offered no fresh measures to quell bond market volatility, which was sparked by its massive stimulus programme in April.

The Nikkei .N225 ended 28.30 points lower at 13,289.32 after trading as low as 12,994.08. The index trimmed losses in the afternoon, with traders suspecting the central bank was buying exchange-traded funds to support the market.

The broader Topix .TOPX index eased 0.4 percent to 1,096.54.

(Reporting by Dominic Lau; Editing by Chris Gallagher) (([email protected])(+81 3 6441 1917)(Reuters Messaging:)([email protected]))

Ali Nawaz

Add comment

This site uses Akismet to reduce spam. Learn how your comment data is processed.

The Canadian Securities Institute


CSI is part of Moody's Analytics Learning Solutions, which offers educational programs and credentials throughout the world.

Email Newsletter

Subscribe to receive inspiration, news, and ideas in your inbox.

Inside Financial Markets was a joint publication of Pakistan Stock Exchange (PSX)and Society of Technical Analysts Pakistan (STAP)