The Bank of Japan's exchange-traded funds purchase this month hit the lowes...
FILE PHOTO : A security guard walks past in front of the Bank of Japan headquarters in Tokyo, Japan January 23, 2019. REUTERS/Issei Kato
TOKYO - The Bank of Japan’s exchange-traded funds purchase this month hit the lowest level in more than three years as Japanese stocks outperformed global peers on the back of hopes of progress around U.S.-China trade talks. The BOJ bought 163 billion yen worth of stock ETFs in September, its data showed on Monday, the lowest amount since the central bank doubled the buying target to 6 trillion yen per year in July 2016.
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