Japan Shares Dip With Banks as Volatility Returns to Markets
- Banks lead decline on report BOJ mulling deeper negative rates
- Insurers gain on speculation of change to JGB maturity range
Should Investors Brace for Further Negative Rate Action?
This article is for subscribers only.
Japanese shares fell with banks leading declines, as uncertainty mounts in global financial markets over what’s in the pipeline from central bankers.
The Topix index fell for a sixth day at the close of trading in Tokyo as volatility returned to markets ahead of meetings by policy makers in Japan and the U.S. next week amid investor concern central banks around the globe may be reassessing the benefits of existing stimulus measures. The Nikkei Stock Average Volatility Index rose for the second time in eight days. The drop in the Topix to the lowest this month was cushioned by a rally in insurance companies.