Tokyo share prices turned lower April 10, with the just-announced package of economic stimulus measures going largely unheeded. The dollar also fell sharply against the yen amid indications the Bank of Japan returned to the currency market to keep the Japanese currency from falling.
Snapping a four-day rise, the benchmark 225-issue Nikkei average fell 55.54 points to end the day at 16,481.12.
Investors reacted with disappointment to stimulus measures announced by Prime Minister Ryutaro Hashimoto late Thursday, brokerage officials said. The market had got wind of the package and there was little positive surprise, said Mamoru Shimode, strategist at Deutsche Morgan Grenfell Capital Markets Ltd.
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