PT Rifan - Japanese stocks fell as concerns about borrowing costs persisted. Autos and property shares led the decline. Toyota Motor dropped 1.8% and Sumitomo Realty & Development dropped 2.0%. USD/JPY was at 151.24, down sharply from 152.49 at the close of the Tokyo Stock Exchange on Thursday.
Investors were closely watching developments on Bank of Japan policymaking and corporate earnings. Nippon Telegraph & Telephone is scheduled to report its quarterly results later in the day. The Nikkei Stock Average was down 0.5% at 38,877.16. PT Rifan.
Source: Bloomberg
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