(Adds stock moves, background)
By Kantaro Komiya
TOKYO, March 13 (Reuters) - The Bank of Japan bought
70.1 billion yen ($521.5 million) of exchange-traded funds
(ETFs) on Monday, the central bank data showed, the first such
purchase since Dec. 2, 2022.
Japanese shares fell, with the broader Topix index slipping as much as 2.02% in the morning session, a level that
could prompt the central bank to step into the market.
Financial sector stocks slid across Europe and Asia as the
collapse of startup-focused Silicon Valley Bank continued to
shake markets. ($1 = 134.4100 yen)
(Reporting by Kantaro Komiya, Editing by Himani Sarkar)
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