Nikkei falls on Paris attacks, weak GDP raises stimulus expectations

domingo 15 de noviembre de 2015 21:55 GYT

* Weak Japan GDP draws expectations for more measures - traders

* Paris attacks hit airline and travel agency stocks

By Ayai Tomisawa

TOKYO, Nov 16 (Reuters) - Japan's Nikkei share average fell to the lowest in more than a week on Monday morning after Friday night's attacks in Paris curbed risk appetite, dragging down exporters as well as airline and travel agency stocks.

On the other hand, weak data showing that Japan's economy slipped back into recession in the last quarter drew market expectations for the government to launch stimulus measures, which lent some support to sentiment.

The world's third-largest economy shrank an annualised 0.8 percent in July-September, more than a median market forecast for a 0.2 percent contraction, government data showed on Monday.

The data may influence affect debate among policymakers on how much fiscal spending should be earmarked in a supplementary budget that is expected to be compiled this fiscal year.

The Nikkei dropped 1.0 percent to 19,408.97 in mid-morning trade after declining to as low as 19,252.04, the lowest since Nov. 6.

Analysts said that Monday's drop was mainly triggered by risk-aversion after Islamic State-linked attackers carried out a series of coordinated assaults in Paris that killed more than 130 people.   Continuación...