Friday, 11 March 2016

Asia markets lower; Nikkei off 1.2%

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Asia traded lower Friday morning, following a weaker finish on Wall Street overnight and as traders digest the European Central Bank's (ECB) stimulus announcements.
 The Japanese benchmark Nikkei 225 was lower by 1.15 percent and the Topix was off 0.94 percent. Australia's S&P/ASX 200 was lower by 0.51 percent and South Korea's Kospi was flat.
 Overnight, the ECB delivered a surprise package of measures to kick start Europe's economy by cutting its main interest rates and expanding its massive bond-buying program.

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