Japan market ends mixed

The Japanese share market ended softer on Friday, 11 September 2015, as investors were cautious of making bold moves ahead of major policy events next week. The Bank of Japan's policy board meeting is scheduled for Monday and Tuesday, followed by the Federal Open Market Committee meeting on Wednesday and Thursday. Market participants expect the Bank of Japan to stand pat at its policy meeting on Sept. 14-15. But some say downside risks for the economy--a combination of lower stock prices and a higher yen and the European Central Bank's dovish stance--are laying the groundwork for more BOJ easing later this year. Total 17 out of Topix's 33 industry groups declined, with major decliners included Oil & Coal Products, Electric Appliances, Transportation Equipment, Iron & Steel, and Insurance sectors, while Retail Trade, Real Estate, Fishery, Agriculture & Forestry, and Securities & Commodities Futures issues led gainers. The Nikkei Stock Average declined 35.40 points, or 0.2%, to end at 18264.22 points. The broader Topix index edged up 0.05%, or 0.71 point, to 1480.23 at the close in Tokyo.

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