Tokyo Stocks Open Lower After BoJ Underwhelms

Tokyo stocks open lower after BoJ underwhelms

TOKYO, (APP - UrduPoint / Pakistan Point News - 1st August, 2016) - Tokyo stocks opened lower Monday, despite a mostly solid lead from Wall Street after the Bank of Japan last week disappointed investors with underwhelming tweaks to its stimulus programme. The benchmark Nikkei 225 index slipped 0.93 percent, or 153.96 points, to open at 16,415.31, while the broader Topix index of all first-section shares lost 1.09 percent, or 14.44 points, to 1,308.30.