Nomura, Daiwa Extend Drop as Japan Stocks Slump After BOJ: Chart

Japan’s biggest brokerages are getting hammered more than most stocks after the central bank decided to keep its monetary policy on ice Thursday. Nomura Holdings Inc., which was already tumbling after it posted a surprise quarterly net loss, plunged as much as 10 percent. Daiwa Securities Group Inc., which reports earnings later Thursday, slid the most since February as the stock-market rout darkened the business outlook for securities firms.

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