Nikkei 225 Futures Hold Losses After BOJ Policy Statement

Japanese stock futures held losses after the Bank of Japan issued a statement that it kept monetary policy unchanged.

Nikkei 225 Stock Average futures traded at 14,095 in Singapore as of 11:51 a.m. in Tokyo. Before the central bank announcement, the Nikkei 225 slipped 0.4 percent to 14,095.58 at the trading break in Tokyo. The broader Topix index dropped 0.6 percent to 1,166.92.

Thirty-five of 36 economists surveyed by Bloomberg News forecast no change in policy, with one predicting the central bank would boost its purchases of Japanese real-estate investment trusts. Twenty-six said they expect it to add to unprecedented stimulus in the first half of 2014.

To contact the reporter on this story: Tom Redmond in Tokyo at tredmond3@bloomberg.net

To contact the editor responsible for this story: Sarah McDonald at smcdonald23@bloomberg.net

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